Granting interests in gaming machines
74 Granting interests in gaming machines
A hotelier or club must not grant any interest in an approved gaming machine to any other person.
Maximum penalty—100 penalty units.
This section does not apply—
to an interest in an approved gaming machine that arises from an interest (such as a floating charge) granted over the whole of the hotelier’s or club’s assets (or over a portion of the hotelier’s or club’s assets) that includes, but does not specifically identify, the approved gaming machine, or
to an interest in an approved gaming machine that is granted in accordance with financial or other arrangements approved by the Authority.
This Act’s bill:Explanatory memorandumSecond reading speech
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