Reportable events
20 Reportable events
(1) For section 162(1) of the Act, the following events are prescribed:
the licensee becoming bankrupt;
(b) the licensee applying to take the benefit of a law for the relief of bankrupt or insolvent debtors;
(c) the licensee compounding with creditors or making an assignment of the licensee's revenue for their benefit;
(d) the licensee ceasing operations under the licence or the winding up of the licensee's business;
(e) the licensee giving notice to the Australian Stock Exchange or the Australian Securities and Investment Commission;
(f) the commencement of a legal proceeding by or against the licensee in relation to business operated under the licence with a claim exceeding $200 000;
(g) any investigation of the licensee, or the business operated under the licence, commenced or concluded by a professional, statutory or other regulatory entity in Australia or another country;
(h) any material breach or failure of a wagering control system, including:
(i) any unauthorised access to or unauthorised disclosure or loss of personal information held by the licensee that a reasonable person would conclude is likely to result in serious harm to any of the customers to whom the information relates; and
(ii) any inability of customers to access their accounts for more than 24 consecutive hours.
Note for subregulation 20(1)(h)(i)
This includes unauthorised access by or disclosure to an employee of the wagering licensee.
(2) For section 163(7) of the Act, the report must be made in the approved form to the Commission as soon as practicable after the breach or failure occurs.
In this regulation:
personal information, in relation to a person, means the person's:
name; and
date of birth; and
email address; and
postal address.
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