Suitability of applicant to hold primary licence
12 Suitability of applicant to hold primary licence
In deciding whether an applicant for a lottery licence or lottery operator’s licence is a suitable person to hold a licence of that type, the Minister may have regard to the following matters—
the applicant’s character or business reputation;
the applicant’s current financial position and financial background;
if the applicant is not an individual—whether the applicant has, or has arranged, a satisfactory ownership, trust or corporate structure;
whether the applicant has, or is able to obtain, appropriate resources and appropriate services;
for an application for a lottery licence—whether the applicant has the appropriate business ability to enter into, and manage, lottery operation agreements;
for an application for a lottery operator’s licence—whether the applicant has the appropriate business ability to conduct lotteries successfully under a lottery operator’s licence;
the extent to which the applicant has negotiated a proposed lottery operation agreement;
if the applicant has a business association with another entity—
the entity’s character or business reputation; and
the entity’s current financial position and financial background;
any other issues prescribed under a regulation.
In subsection (1)—
appropriate resources means financial resources the Minister considers adequate to ensure the financial viability of operations conducted under a licence of the type to which the application relates.
appropriate services means the services of persons who have appropriate experience to ensure the proper and successful conduct of lotteries.
This provision refers to the regulations (a regulation
). Made under this Act:
This Act’s bill:Explanatory memorandum
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