Totalizator Act 1997

The Minister must not grant an application for a licence unless satisfied that the applicant, and each close associate of the applicant, is a suitable person to be concerned in or associated with the conduct of a totalizator.

For that purpose, the Minister is to consider whether—

each of those persons is of good repute, having regard to character, honesty and integrity, and

each of those persons is of sound and stable financial background, and

in the case of an applicant that is not a natural person, it has or has arranged a satisfactory ownership, trust or corporate structure, and

the applicant has or is able to obtain financial resources that are both suitable and adequate for ensuring the financial viability of the proposed totalizator, and

the applicant has sufficient business ability to establish and conduct a successful totalizator, and

the applicant has or is able to obtain the services of persons who have sufficient experience in the conduct of a totalizator, and

any of those persons has any business association with any person, body or association that, in the opinion of the Minister, is not of good repute having regard to character, honesty and integrity or has undesirable or unsatisfactory financial sources, and

each director, partner, trustee, executive officer and secretary and any other officer or person determined by the Minister to be associated or connected with the ownership, administration or management of the operations or business of the applicant or a close associate of the applicant is a suitable person to act in that capacity.

(Repealed)

The Minister must not grant an application for a licence unless satisfied that section 20 (Licensee not to be associated with casino and other activities) would not be contravened as a result of the grant of a licence to the applicant.