Cancellation
106 Cancellation
The commission may cancel the racing bookmaker’s licence if—
there are no submissions for the show cause notice; or
after considering the submissions for the show cause notice, the commission still believes—
a ground exists to cancel the racing bookmaker’s licence; and
the act, omission or other thing constituting the ground is of a serious and fundamental nature; and
the public interest may be affected in an adverse and material way.
The commission must immediately give the licence holder an information notice about the decision to cancel the racing bookmaker’s licence.
The information notice must include—
a direction to the licence holder to return the racing bookmaker’s licence to the commission within 14 days after the cancellation; and
a warning to the licence holder that, without a reasonable excuse, it is an offence to fail to comply with the direction.
The decision takes effect on the later of the following—
the day the information notice is given to the licence holder;
the day of effect stated in the information notice.
This Act’s bill:Explanatory memorandumSecond reading speech
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