Grounds for cancelling or varying approvals—the Act, s 33A
11 Grounds for cancelling or varying approvals—the Act, s 33A
For the Act, section 33A(4), the following grounds for cancelling or varying an approval are prescribed—
the breach of a condition of the approval,
a change in the persons who have a controlling interest in the approval holder,
the conviction of the approval holder or a key employee of an offence, in New South Wales or elsewhere,
the taking of disciplinary action against the approval holder or a key employee under legislation in relation to betting or racing, in New South Wales or elsewhere,
the employment of a person as a key employee if the person has—
a criminal record, or
been subject to disciplinary action under legislation in relation to betting or racing, in New South Wales or elsewhere.
The following grounds for varying an approval are prescribed—
the relevant racing control body considers it necessary to do either of the following to preserve the integrity and reputation of the type of racing that is the subject of the approval in New South Wales—
impose a condition specified in section 10(1)(i),
if the approval holder is already subject to the condition—vary the maximum amount specified in the condition,
a change in the approval holder’s financial circumstances, including insolvency or a significant improvement in wagering turnover,
an amendment to section 8(2) that changes the way in which a fee imposed for the use of NSW race field information in the course of providing a betting service is calculated.
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