Special provisions relating to entitlements retained by clubs under former section 15B
44 Special provisions relating to entitlements retained by clubs under former section 15B
In this clause—
retained entitlement means a poker machine entitlement retained by a registered club in accordance with section 15B (as in force before its repeal by the amending Act).
If a registered club—
forfeited poker machine entitlements in accordance with section 15B (4) (d) (as in force before its repeal by the amending Act), and
subsequently transfers, in accordance with Division 2 of Part 3 of this Act, any of its retained entitlements,
each of those forfeited entitlements is, for the purposes of the subsequent transfer of the retained entitlements, taken to be one of the entitlements that the club is required to forfeit to the Authority because of section 20 (3) (b).
Accordingly, the registered club is exempt from the operation of section 20 (3) (b) to the extent that the club is not required to forfeit poker machine entitlements from a transfer block under that section if those entitlements are, because of subclause (2), already taken to have been forfeited under this clause.
A registered club may, in accordance with Division 1 of Part 4 of this Act (as inserted by the amending Act), apply to the Authority to increase the gaming machine threshold for the premises of the club by a number that corresponds to all or any of the number of retained entitlements held by the club.
If the Authority approves the threshold increase application, the Authority is to convert the relevant number of retained entitlements into poker machine entitlements that are allocated in respect of the club’s premises and that are transferrable by the club under Division 2 of Part 3 of this Act.
In converting any such retained entitlements into tradeable poker machine entitlements, one out of every 6 of the converted entitlements must be forfeited to the Authority.
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