Special junket agreements
85D Special junket agreements
A junket agreement (being a junket agreement that is a sole participant agreement) is a special junket agreement only if—
the participant is a nonresident of Queensland; and
the amount agreed to be committed under the agreement by the participant for gaming at the casino is at least the amount prescribed under a regulation for this paragraph.
A junket agreement (being a junket agreement that is not a sole participant agreement) is a special junket agreement only if—
each participant in the group of participants—
is a nonresident of Queensland; or
is a person to whom a declaration under subsection (3) applies; and
the amount agreed to be committed under the agreement by the participants in the group for gaming at the casino is at least the amount prescribed under a regulation for this paragraph.
The chief executive may, in relation to a junket agreement that is not a sole participant agreement, declare that a participant in the group of participants is a person whose place of residence is not relevant for the agreement.
However, the chief executive may make the declaration only if—
each other participant in the group is a nonresident of Queensland; and
it is reasonable to make the declaration, having regard to the nature of the participant’s association with the other participants.
This provision refers to the regulations (a regulation
). Made under this Act:
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.