Authorised Betting Operations Act 2000

If an administrator, controller or liquidator of an authorised betting operator assumes control over the business conducted under a licence or authorisation for a period (the period of administration), that person—

stands in the position of the authorised betting operator for the period of administration; and

is liable for tax payable under this Act and other liabilities to the Crown accruing during the period of administration; and

is subject to this Act, and liable to direction and control under this Act, in the same way as if the person were the authorised betting operator; and

if charged with an offence against this Act, is entitled to a defence on proof that the offence was not committed intentionally and did not arise from the defendant's failure to take reasonable care to avoid the commission of the offence.

For the purposes of subsection (1), an administrator, controller or liquidator will only be regarded as assuming control of the business if the administrator, controller or liquidator assumes control of all or substantially all of the business assets associated with the operation of the business conducted under the licence or authorisation.

An administrator, controller or liquidator of an authorised betting operator must, within 7 days after assuming control over the business conducted under a licence or authorisation, notify the Commissioner of that fact.