39A

What is a lottery operation agreement

In force

(1)

A lottery operation agreement is an agreement between a lottery licensee and a lottery operator, for the conduct of a lottery by the lottery operator, approved by the Minister under this part.

(2)

Another person may also be a party to a lottery operation agreement.Example for subsection (2)—

A person may be a party to a lottery operation agreement because the agreement includes provisions under which the person acts as a guarantor for one of the primary licensees.

This Act’s bill:Explanatory memorandum

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