109
In forceMisrepresentation or misdescription of credit transactions
109 Misrepresentation or misdescription of credit transactions
(1)
A responsible person for licensed premises must not, in any credit transaction, describe or represent money provided to another person who the responsible person knows, or could reasonably be expected to know, intends to use the money to gamble on the licensed premises to be a payment for goods or services lawfully provided on the licensed premises or elsewhere.
Maximum penalty—100 penalty units.
(2)
In subsection (1), credit transaction means any transaction involving a payment to licensed premises by means of a credit facility provided by a financial institution.
This Act’s bill:Explanatory memorandumSecond reading speech
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