109
In forceCorporate licence holder must advise commission of change in executive officers or persons with substantial holdings
Chapter 4Racing bookmakers
Part 2Licensing of persons as racing bookmakers
Division 6Other matters relating to licensing
109 Corporate licence holder must advise commission of change in executive officers or persons with substantial holdings
(1)
This section applies to a licence holder that is a corporation.
(2)
Within 14 days after either of the following changes, the licence holder must give the commission notice of the change—
(a)
a change to the persons who are executive officers of the corporation;
(b)
a change to the persons who have substantial holdings in the corporation, or a holding company of the corporation.
Maximum penalty—100 penalty units.
This Act’s bill:Explanatory memorandumSecond reading speech
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.