Terms of appointment, and role, of administrator
33 Terms of appointment, and role, of administrator
This section applies to an administrator appointed by the Governor in Council to conduct operations under a primary licence.
For any matter not provided for under this Act, the administrator holds office on terms decided by the Governor in Council.
The administrator—
has full control of, and responsibility for, the operations of the primary licensee conducted under the primary licence (including lotteries that had been commenced but not completed as at the time of the administrator’s appointment); and
subject to any directions by the Minister, must conduct the operations in accordance with this Act as if the administrator were the primary licensee.
The costs of and incidental to the conduct and administration of a primary licensee’s operations by an administrator under this section (the costs of administration) are payable by the licensee.
Any profits derived from the conduct of the primary licensee’s operations by the administrator are, after payment of the costs of administration, to be paid to the primary licensee.
This section and section 32(1)(b)(iii) apply despite the Corporations Act.
This Act’s bill:Explanatory memorandum
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