Monthly money clearances
295 Monthly money clearances
Subject to subsection (2), a licensee must carry out a money clearance complying with section 297 of all gaming machines, any centralised credit system and any TITO system installed on the licensee’s licensed premises—
after the end of the operation of gaming machines that started on the last day of each month; and
before the start of the operation of gaming machines on the first day of the next month.
Maximum penalty—200 penalty units.
The commissioner may, either verbally or by written notice, direct a licensee to carry out the money clearance mentioned in subsection (1) during such period as the commissioner determines.
A licensee to whom a direction is given under subsection (2) must comply with the direction.Maximum penalty—200 penalty units.
A licensee must, in conjunction with a money clearance carried out under this section, carry out such functions as are prescribed to be carried out in conjunction with the money clearance.Maximum penalty for subsection (4)—200 penalty units.
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