Gaming management agreements
5 Gaming management agreements
Subject to this section, a licensee may at any time enter into a gaming management agreement with a company that – is incorporated under the Corporations Act; and
A gaming management agreement may be entered into on such terms, including terms relating to the recovery of costs incurred by the licensee in connection with the issue of a gaming licence, as are agreed by the parties and specified in the agreement.
Notwithstanding subsection (2), the terms of a gaming management agreement entered into by a licensee are not to contravene or be inconsistent with the terms of the licensee's gaming licence.
A licensee must not enter into a gaming management agreement in respect of a ship if the licensee has previously entered into a gaming management agreement in respect of that ship that is still in force.
A gaming management agreement comes into force on the day specified in it as the commencement date.
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