Casino Agreements Legislation Amendment Act 2002 (Qld)

Casino Agreements Legislation Amendment Act 2002

Queensland CASINO AGREEMENTS LEGISLATION AMENDMENT ACT 2002 Act No. 5 of 2002

Queensland CASINO AGREEMENTS LEGISLATION AMENDMENT ACT 2002 TABLE OF PROVISIONS Section Page PART 1—PRELIMINARY 1 Short title . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 PART 2—AMENDMENT OF BRISBANE CASINO AGREEMENT ACT 1992 2 Act amended in pt 2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4 3 Amendment of s 5 (Variation of casino agreement) . . . . . . . . . . . . . . . . . . . 4 4 Amendment of schedule (Proposed further agreement) . . . . . . . . . . . . . . . . 4 PART 3—AMENDMENT OF JUPITERS CASINO AGREEMENT ACT 1983 5 Act amended in pt 3. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 6 Amendment of s 4 (Variation of Agreement) . . . . . . . . . . . . . . . . . . . . . . . . 23 7 Amendment of sch 2 (Proposed further agreement) . . . . . . . . . . . . . . . . . . . 23

Queensland Casino Agreements Legislation Amendment Act 2002 Act No. 5 of 2002 An Act to amend the Brisbane Casino Agreement Act 1992 and the Jupiters Casino Agreement Act 1983 [Assented to 13 March 2002]

s1 4 s4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 The Parliament of Queensland enacts— PART 1—PRELIMINARY 1 Short title This Act may be cited as the Casino Agreements Legislation Amendment Act 2002 . PART 2—AMENDMENT OF BRISBANE CASINO AGREEMENT ACT 1992 2 Act amended in pt 2 This part amends the Brisbane Casino Agreement Act 1992. 3 Amendment of s 5 (Variation of casino agreement) Section 5(1), ‘the proposed’— omit, insert — ‘a proposed’. 4 Amendment of schedule (Proposed further agreement) (1) Schedule, from ‘ PROPOSED FURTHER ’ to ‘section 5(1)’— omit, insert —

s4 5 s4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 ‘PROPOSED FURTHER AGREEMENTS section 5(1) PART 1—PROPOSED FURTHER AGREEMENT FOR BRISBANE CASINO AGREEMENT AMENDMENT ACT 2001’. (2) Schedule, at the end— insert — ‘PART 2—PROPOSED FURTHER AGREEMENT FOR CASINO AGREEMENTS LEGISLATION AMENDMENT ACT 2002 THIS DEED is made on 2002. BETWEEN THE STATE OF QUEENSLAND ( “the State” ) AND JUPITERS LIMITED ACN 010 741 045 of 9th Floor, Niecon Tower, 17 Victoria Avenue, Broadbeach ( “Jupiters” ) RECITALS A The parties are the parties to an agreement made on 6 May 1993 relating to the development and operation of a casino-hotel complex at Brisbane in the State of Queensland which was authorised by the Act and was varied pursuant to the Act by agreements made on 6 May 1993, 15 June 1993, 21 October 1994, 6 April 1995, 3 February 1997 and 17 January 2002. B The parties have agreed to amend the Brisbane Casino Agreement in the manner set out in this document. IT IS AGREED

s4 6 s4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 1 INTERPRETATION 1.1 Deﬁnitions In this document: “Act” means the Brisbane Casino Agreement Act 1992. “Brisbane Casino Agreement” means the agreement referred to in Recital A. 1.2 Construction Unless expressed to the contrary: (a) words importing: (i) the singular includes the plural and vice versa; and (ii) any gender includes the other genders; (b) if a word or phrase is deﬁned cognate words and phrases have corresponding deﬁnitions; (c) a reference to: (i) a person includes a ﬁrm, unincorporated association, corporation and a government or statutory body or authority; (ii) a person includes its legal personal representatives, successors and assigns; (iii) a statute, ordinance, code or other law includes regulations and other statutory instruments under it and consolidations, amendments, re-enactments or replacements of any of them; (iv) a right includes a beneﬁt, remedy, discretion, authority or power; (v) an obligation includes a warranty or representation and a reference to a failure to observe or perform an obligation includes a breach of warranty or representation; (vi) provisions or terms of this document or another document, agreement, understanding or arrangement include a reference to both express and implied provisions and terms; and

s4 7 s4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 (vii) this or any other document includes the document as varied or replaced and notwithstanding any change in the identity of the parties; and (d) a reference to this document includes all schedules and annexures referred to in it. 1.3 Headings Headings do not affect the interpretation of this document. 2 AMENDMENT OF BRISBANE CASINO AGREEMENT The parties agree that the Brisbane Casino Agreement is amended in the manner set out in Schedule 1. 3 MISCELLANEOUS 3.1 Governing law and jurisdiction (a) This document is governed by and is to be construed in accordance with the laws in force in Queensland. (b) Each party irrevocably and unconditionally submits to the non-exclusive jurisdiction of the courts of Queensland and any courts which have jurisdiction to hear appeals from any of those courts and waives any right to object to any proceedings being brought in those courts. EXECUTED as a deed. SIGNED BY the Treasurer of the State of Queensland for and on behalf of the State of Queensland in the presence of: ) ) ) ) ............................................................ Witness ..............................................

s4 8 s4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 ........................................................ Name of Witness (print) THE COMMON SEAL of JUPITERS ) LIMITED is afﬁxed in the presence of: ) ) ............................................................ Company Secretary/Director .............................................. Director ............................................................. Name of Company Secretary/Director (print) .............................................. Name of Director (print) SCHEDULE 1 AMENDMENTS TO BRISBANE CASINO AGREEMENT 1 Replacement of index Index— omit, insert— ‘INDEX PART I—PRELIMINARY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 1. Deﬁnitions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 2. Interpretation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16 3. Counting of days. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 4. Legislative Acts.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 5. Authority to enter into Agreement. . . . . . . . . . . . . . . . . . . . . . . 17 6. Special Lease.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17

s4 9 s4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 7. Variation of the Agreement. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 8. Stamp Duty. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 9. Agreement to have force of law. . . . . . . . . . . . . . . . . . . . . . . . . . 17 10. Illegal acts. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 17 11. Encumbrances to the Licence. . . . . . . . . . . . . . . . . . . . . . . . . . . 18 12. Bear own costs. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 18 PART II—DEVELOPMENT AND USE OF BRISBANE CASINO-HOTEL COMPLEX AND RELATED MATTERS . . . . . 18 13. Application of Development Legislation to Brisbane Casino-Hotel Complex and the Site. . . . . . . . . . . . . . . . . . . . . . 18 14. Use of Brisbane Casino-Hotel Complex Lawful. . . . . . . . . . . . 18 15. Development of the Brisbane Casino-Hotel Complex and the Site.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 16. Brisbane Casino-Hotel Complex to Comply. . . . . . . . . . . . . . . 20 17. Acknowledgment and Warranties. . . . . . . . . . . . . . . . . . . . . . . 21 18. Internal Review Procedure – Development Applications. . . . . 21 19. Appeal. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 20. Time for Approval. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 22 21. Schematic Design Drawings. . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 22. Casino to Comply. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 23. Easements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 24. Special Lease.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 25. Acknowledgments and Warranties in respect of Queens Park. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 26. Application of Development Legislation and Heritage Legislation to Queens Park. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24 27. Permitted Park Works in Queens Park. . . . . . . . . . . . . . . . . . . 25 28. Minor Park Works in Queens Park. . . . . . . . . . . . . . . . . . . . . . 25 29. Major Park Works in Queens Park. . . . . . . . . . . . . . . . . . . . . . 26 30. Internal Review Procedure – Park Works Application. . . . . . 27 PART III—HERITAGE PROTECTION. . . . . . . . . . . . . . . . . . . . . . 28

s 4 10 s 4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 31. Application of Heritage Legislation to Brisbane Casino-Hotel Complex and the Site. . . . . . . . . . . . . . . . . . . . . . 28 32. Heritage Management Principles. . . . . . . . . . . . . . . . . . . . . . . . 28 33. Heritage Management Plan. . . . . . . . . . . . . . . . . . . . . . . . . . . . 28 34. Minor Variation Work. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 35. Major Variation Work. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 31 36. Permitted Variation Work. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 37. Approval of Method Statement.. . . . . . . . . . . . . . . . . . . . . . . . . 33 38. Emergency Work. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 39. Decision or Opinion. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 34 40. Other Requirements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 41. Heritage Advice. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35 42. Stop Orders – Heritage Minister. . . . . . . . . . . . . . . . . . . . . . . . 36 43. Stop Orders – Minister. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37 44. Internal Review – Stop Order. . . . . . . . . . . . . . . . . . . . . . . . . . . 37 45. Materials. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 46. Management of Storage.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 47. Inspection. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 48. State Removal.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 39 49. Company Return. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 50. Materials Insurance. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 51. Inspection of the Site. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40 PART IV—CORPORATE ORGANISATION AND RELATED MATTERS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 52. Approvals. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 53. Company requirements. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 54. Disposal of excess voting Shares. . . . . . . . . . . . . . . . . . . . . . . . . 44 55. Interpretation of this Part IV. . . . . . . . . . . . . . . . . . . . . . . . . . . 44 PART V—CASINO LICENCE AND RELATED MATTERS. . . . . 44 56. Casino Licence. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44

s 4 11 s 4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 57. Provisions of Land Act not to apply to Special Lease.. . . . . . . 44 58. Exclusivity. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44 59. Casino Tax.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46 60. Liquor Act – Special Facility Licence.. . . . . . . . . . . . . . . . . . . . 46 61. Land Act – Special Lease.. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47 62. Assignment and Subletting of Special Lease. . . . . . . . . . . . . . . 47 63. Partial Surrender of Special Lease.. . . . . . . . . . . . . . . . . . . . . . 48 64. Review of Decisions in respect of Brisbane Casino-Hotel Complex, Site and Queens Park. . . . . . . . . . . . . . . . . . . . . . . . . 48 PART VI—CASINO OPERATIONS AND REVIEW THEREOF . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 65. Hours of Operation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 66. Operational Review. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 PART VII - TERMINATION50 67. Grounds for Termination. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50 68. Termination of Special Lease. . . . . . . . . . . . . . . . . . . . . . . . . . . 51 69. Appointment of Administrator. . . . . . . . . . . . . . . . . . . . . . . . . . 53 70. Impact of Termination on the Development of the Brisbane Casino-Hotel Complex or the Site. . . . . . . . . . . . . . . . . . . . . . . 55 71. Impact of Termination on Special Facility Licence.. . . . . . . . . 55 PART VIII—GENERAL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 72. Approvals and Notices. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55 73. Waiver. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 74. Governing Law. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 75. Delegations. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56 76. Extensions of Time. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57 SCHEDULE I—BRIEF TO APPLICANTS . . . . . . . . . . . . . . . . . . . 59 SCHEDULE II—WORKS & FEES. . . . . . . . . . . . . . . . . . . . . . . . . 60 ’.

s 4 12 s 4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 2 Amendment of cl 1 (1) Clause 1— insert— ‘ “Buy Back” means the time of completion of the selective buy back by the Company of Approval Shares held by the Founders, as agreed between the Founders and the Company in the Buy Back Agreements dated on or about February 2002, effected by the cancellation of the shares bought back. “Grandfathered Holding” means the lesser of: (a) the voting power of a Grandfathered Shareholder held on the date the Buy Back is announced by the Company to Australian Stock Exchange Limited less any shares bought back under the Buy Back; and (b) the voting power held by the Grandfathered Shareholder at any time after the Buy Back. “Grandfathered Shareholder” means a person: (a) whose voting power in the Company immediately after the Buy Back is in excess of 10% and immediately prior to the Buy Back was a party to the Foundation Agreement; or (b) who, immediately prior to the Buy Back held the Minister’s approval under clause 53(l) for their voting power in the Company to exceed 5% and whose voting power in the Company exceeds 10% solely as a result of the Buy Back, provided that a person shall cease to be a Grandfathered Shareholder when their voting power in the Company ceases to exceed 10%.’. (2) Clause 1, deﬁnition “Foundation Agreement” , after ‘means the agreement’— insert— ‘between the Company and the Founders’. (3) Clause 1, deﬁnition “Foundation Agreement” , from ‘between the Company’ to ‘from time to time’— omit. (4) Clause 1, deﬁnition “Founders” , ‘ “Founders” ’— omit, insert—

s 4 13 s 4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 ‘ “Founder” ’. (5) Clause 1, deﬁnition “Founder” , as inserted, from ‘the founders identiﬁed’ to ‘Foundation Agreement.’— omit, insert— ‘a member who immediately prior to the Buy Back was registered as the holder of Approval Shares.’. (6) Clause 1, deﬁnition “Prescribed Development Legislation” , ‘ Fire and Rescue Authority Act 1990 ’— omit, insert— ‘ Fire and Rescue Service Act 1990 ’. 3 Amendment of cl 38 Clause 38(a)(ii), ‘ Fire and Rescue Authority Act 1990 .’— omit, insert— ‘ Fire and Rescue Service Act 1990 .’. 4 Amendment of cl 50 Clause 50(b), ‘clause 69’— omit, insert— ‘clause 67’. 5 Amendment of cl 52 (1) Clause 52, ‘the following—’— omit. (2) Clause 52(a), ‘(a)’— omit. (3) Clause 52, from ‘; and’ to ‘Foundation Agreement’— omit.

s 4 14 s 4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 6 Amendment of cl 53 (1) Clause 53(i)— omit. (2) Clauses 53(j), (k), (l), (m), (n)— renumber as clauses 52(i), (j), (k), (l), (m) respectively. (3) Clause 53(i)(ii), as renumbered, ‘clause 53(k),’— omit, insert— ‘clause 53(j),’. (4) Clause 53(l), as renumbered, ‘total’— omit. (5) Clause 53(l), as renumbered, after ‘voting power’— insert— ‘in the Company’. (6) Clause 53(l), as renumbered, ‘a Founder’— omit, insert— ‘the Grandfathered Shareholders’. (7) Clause 53(m), as renumbered, ‘total’— omit. (8) Clause 53(m), as renumbered, after ‘voting power’— insert— ‘in the Company’. (9) Clause 53(m), as renumbered, ‘Founder’— omit, insert— ‘person (other than the Grandfathered Shareholders)’. (10) Clause 53(m), as renumbered, ‘25%’— omit, insert— ‘10%’. (11) Clause 53(m), as renumbered, ‘without the prior approval in writing of the Minister;’—

s 4 15 s 4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 omit, insert— ‘except in the circumstances where: (i) their voting power in the Company is at least 90%; and (ii) within 3 calendar months of acquiring the voting power referred to in subparagraph (i); (A) their relevant interest in the Company’s voting shares is 100%; and (B) they have a relevant interest in all the Company’s securities convertible into voting shares; and (iii) they have the Governor-in-Council’s approval, prior to acquiring the interest referred to in subparagraph (i), to: (A) have the voting power referred to in subparagraphs (i) and (ii); and (B) acquire the relevant interest referred to in subparagraph (ii); and’. (12) Clause 53— insert— ‘(n) ensure that the voting power in the Company of a Grandfathered Shareholder does not exceed their Grandfathered Holding;’. (13) Clause 53(o)— omit. (14) Clauses 53(p), (q), (r), (s), (t), (u)— renumber as clauses 53(o), (p), (q), (r), (s), (t) respectively. 7 Omission of cl 54 Clause 54— omit. 8 Omission of cl 55 Clause 55— omit.

s 4 16 s 4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 9 Amendment of cl 56 (1) Clause 56— renumber as clause 54. (2) Clause 54, as renumbered, ‘clause 53 (m), (n), (o) or (p)’— omit, insert— ‘clause 53 (l), (m), (n) or (o)’. 10 Amendment of cl 57 (1) Clause 57— renumber as clause 55. (2) Clause 55, as renumbered, heading, ‘ Foreign Person. ’— omit, insert— ‘ Interpretation of this Part IV. ’. (3) Clause 55, as renumbered, after ‘of this Part IV’— insert— ‘a reference to’. (4) Clause 55, as renumbered, from ‘(a) “Foreign Person” means:’ to ‘(f) A reference to—’— omit. (5) Clauses 55(i), (ii), (iii), as renumbered— renumber as clauses 55(a), (b), (c) respectively. (6) Clause 55(c), as renumbered, ‘, other than for the purposes of clause 57(c) and clause 57(d),’— omit. 11 Amendment of cl 58 Clause 58— renumber as clause 56.

s 4 17 s 4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 12 Amendment of cl 59 Clause 59— renumber as clause 57. 13 Amendment of cl 60 (1) Clause 60— renumber as clause 58. (2) Clause 58(b), as renumbered, ‘clause 60(a) and’— omit, insert— ‘clause 58(a) and’. (3) Clause 58(b), as renumbered, ‘clause 60(a) or’— omit, insert— ‘clause 58(a) or’. (4) Clause 58(c)(i), as renumbered, ‘clause 60(a); and’— omit, insert— ‘clause 58(a); and’. (5) Clause 58(c)(ii), as renumbered, ‘clause 60(d).’— omit, insert— ‘clause 58(d).’ (6) Clause 58(d)(i), as renumbered, ‘clause 60(b) but’— omit, insert— ‘clause 58(b) but’. (7) Clause 58(d)(i), as renumbered, ‘clause 60(b);’— omit, insert— ‘clause 58(b);’. (8) Clause 58(d)(iv), as renumbered, ‘clause 60(d)(iii),’— omit, insert— ‘clause 58(d)(iii),’.

s 4 18 s 4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 14 Amendment of cl 61 (1) Clause 61— renumber as clause 59. (2) Clause 59, as renumbered, ‘clause 68’— omit, insert— ‘clause 66’. 15 Amendment of cl 62 Clause 62— renumber as clause 60. 16 Amendment of cl 63 Clause 63— renumber as clause 61. 17 Amendment of cl 64 (1) Clause 64— renumber as clause 62. (2) Clause 62(b), as renumbered, ‘clause 64(a)(i)’— omit, insert— ‘clause 62(a)(i)’. 18 Amendment of cl 65 Clause 65— renumber as clause 63. 19 Amendment of cl 66 (1) Clause 66— renumber as clause 64.

s 4 19 s 4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 (2) Clause 64(a), as renumbered, ‘ Example for clause 66(a)(i)(B)— ’— omit, insert— ‘ Example for clause 64(a)(i)(B) —’. (3) Clause 64(a), as renumbered, ‘ Example for clause 66(a)(ii)(B)— ’— omit, insert— ‘ Example for clause 64(a)(ii)(B)— ’. (4) Clause 64(c), as renumbered, ‘clause 66(b),’— omit, insert— ‘clause 64(b),’. (5) Clause 64(d), as renumbered, ‘clause 66(c),’— omit, insert— ‘clause 64(c),’. (6) Clause 64(d), as renumbered, ‘clause 66(c).’— omit, insert— ‘clause 64(c).’. (7) Clause 64(e), as renumbered, ‘clause 66(b).’— omit, insert — ‘clause 64(b).’. 20 Amendment of cl 67 Clause 67— renumber as clause 65. 21 Amendment of cl 68 Clause 68— renumber as clause 66. 22 Amendment of cl 69 (1) Clause 69—

s 4 20 s 4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 renumber as clause 67. (2) Clause 67, as renumbered, ‘clause 71,’— omit, insert— ‘clause 69,’. 23 Amendment of cl 70 (1) Clause 70— renumber as clause 68. (2) Clause 68(b), as renumbered, ‘clause 70(a),’— omit, insert — ‘clause 68(a),’. (3) Clause 68(e), as renumbered, ‘clause 70(d)(i)’— omit, insert — ‘clause 68(d)(i)’. 24 Amendment of cl 71 (1) Clause 71— renumber as clause 69. (2) Clause 69(a)(ii), as renumbered, ‘clause 71(a)(i)(A) or’— omit, insert— ‘clause 69(a)(i)(A) or’. (3) Clause 69(a)(ii), as renumbered, ‘clause 71(a)(i)(B) becoming’— omit, insert — ‘clause 69(a)(i)(B) becoming’. (4) Clause 69(a)(iii)(A), as renumbered, ‘clause 71(a)(i)’— omit, insert — ‘clause 69(a)(i)’. (5) Clause 69(a)(iv), as renumbered, ‘clause 71(a)(iii)’— omit, insert —

s 4 21 s 4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 ‘clause 69(a)(iii)’. (6) Clause 69(v), as renumbered, ‘clause 71(a)(ii)’— omit, insert — ‘clause 69(a)(ii)’. (7) Clause 69(a)(vi), as renumbered, ‘clause 71(a)(v)’— omit, insert— ‘clause 69(a)(v)’. (8) Clause 69(a)(vi), as renumbered, ‘clause 64’— omit, insert — ‘clause 62’. (9) Clause 69(a)(vii), as renumbered, ‘clause 71(a)(v)’— omit, insert — ‘clause 69(a)(v)’. (10) Clause 69(a)(viii), as renumbered, ‘clause 71(a)(vi)’— omit, insert — ‘clause 69(a)(vi)’. (11) Clause 69(a)(ix), as renumbered, ‘clause 71(a)(i)’— omit, insert — ‘clause 69(a)(i)’. (12) Clause 69(a)(xi), as renumbered, ‘clause 71(a)(iii)’— omit, insert — ‘clause 69(a)(iii)’. (13) Clause 69(b), as renumbered, ‘clause 69’— omit, insert — ‘clause 67’. (14) Clause 69(b), as renumbered, ‘clause 71(a)’— omit, insert — ‘clause 69(a)’.

s 4 22 s 4 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 25 Amendment of cl 72 Clause 72— renumber as clause 70. 26 Amendment of cl 73 Clause 73— renumber as clause 71. 27 Amendment of cl 74 Clause 74— renumber as clause 72. 28 Amendment of cl 75 Clause 75— renumber as clause 73. 29 Amendment of cl 76 Clause 76— renumber as clause 74. 30 Amendment of cl 77 Clause 77— renumber as clause 75. 31 Amendment of cl 78 Clause 78— renumber as clause 76.’.

s 5 23 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 PART 3—AMENDMENT OF JUPITERS CASINO AGREEMENT ACT 1983 5 Act amended in pt 3 This part amends the Jupiters Casino Agreement Act 1983. 6 Amendment of s 4 (Variation of Agreement) Section 4(1), ‘the proposed’— omit, insert — ‘a proposed’. 7 Amendment of sch 2 (Proposed further agreement) (1) Schedule 2, from ‘ PROPOSED FURTHER ’ to ‘section 4(1)’— omit, insert — ‘PROPOSED FURTHER AGREEMENTS section 4(1) PART 1—PROPOSED FURTHER AGREEMENT FOR JUPITERS CASINO AGREEMENT AMENDMENT ACT 2000’. (2) Schedule 2, at the end— insert — ‘PART 2—PROPOSED FURTHER AGREEMENT FOR CASINO AGREEMENTS LEGISLATION AMENDMENT ACT 2002 THIS DEED is made on 2002. BETWEEN THE STATE OF QUEENSLAND ( “the State” )

s 7 24 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 AND JUPITERS LIMITED ACN 010 741 045 of 9th Floor, Niecon Tower, 17 Victoria Avenue, Broadbeach ( “Jupiters” ) AND JUPITERS CUSTODIAN PTY LTD ACN 067 888 680 of 9th Floor, Niecon Tower, 17 Victoria Avenue, Broadbeach RECITALS A The parties are the parties to an agreement made on 21 April 1983 relating to the development and operation of a casino-hotel complex at Brisbane in the State of Queensland which was authorised by the Act and was varied pursuant to the Act by agreements made on 20 July 1983, 20 May 1988, 23 November 1991, 3 February 1992, 3 July 1995, 3 February 1997, 4 February 1997 and 21 December 2000. B The parties have agreed to amend the Jupiters Casino Agreement in the manner set out in this document. IT IS AGREED 1 INTERPRETATION 1.1 Deﬁnitions In this document: “Act” means the Jupiters Casino Agreement Act 1983. “Jupiters Casino Agreement” means the agreement referred to in Recital A. 1.2 Construction Unless expressed to the contrary: (a) words importing: (i) the singular includes the plural and vice versa; and (ii) any gender includes the other genders;

s 7 25 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 (b) if a word or phrase is deﬁned cognate words and phrases have corresponding deﬁnitions; (c) a reference to: (i) a person includes a ﬁrm, unincorporated association, corporation and a government or statutory body or authority; (ii) a person includes its legal personal representatives, successors and assigns; (iii) a statute, ordinance, code or other law includes regulations and other statutory instruments under it and consolidations, amendments, re-enactments or replacements of any of them; (iv) a right includes a beneﬁt, remedy, discretion, authority or power; (v) an obligation includes a warranty or representation and a reference to a failure to observe or perform an obligation includes a breach of warranty or representation; (vi) provisions or terms of this document or another document, agreement, understanding or arrangement include a reference to both express and implied provisions and terms; and (vii) this or any other document includes the document as varied or replaced and notwithstanding any change in the identity of the parties; and (d) a reference to this document includes all schedules and annexures referred to in it. 1.3 Headings Headings do not affect the interpretation of this document. 2 AMENDMENT OF JUPITERS CASINO AGREEMENT The parties agree that the Jupiters Casino Agreement is amended in the manner set out in Schedule 1.

s 7 26 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 3 MISCELLANEOUS 3.1 Governing law and jurisdiction (a) This document is governed by and is to be construed in accordance with the laws in force in Queensland. (b) Each party irrevocably and unconditionally submits to the non-exclusive jurisdiction of the courts of Queensland and any courts which have jurisdiction to hear appeals from any of those courts and waives any right to object to any proceedings being brought in those courts. EXECUTED as a deed. SIGNED BY the Treasurer of the State of Queensland for and on behalf of the State of Queensland in the presence of: ) ) ) ) ....................................................... Witness .............................................. ........................................................ Name of Witness (print) THE COMMON SEAL of JUPITERS ) LIMITED is afﬁxed in the presence of: ) ) ............................................................ Company Secretary/Director .............................................. Director ............................................................. Name of Company Secretary/Director (print) .............................................. Name of Director (print)

s 7 27 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 THE COMMON SEAL of JUPITERS ) CUSTODIAN PTY LTD is afﬁxed ) in the presence of: ) ............................................................ Company Secretary/Director .............................................. Director ............................................................. Name of Company Secretary/Director (print) .............................................. Name of Director (print) SCHEDULE 1 AMENDMENTS TO JUPITERS CASINO AGREEMENT 1 Replacement of index Index— omit, insert— ‘ Index PART I—PRELIMINARY . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 PART II—DEVELOPMENT AND USE OF THE JUPITERS CASINO-HOTEL COMPLEX AND RELATED MATTERS. . . . . . . . 11 PART III—CORPORATE ORGANISATION AND RELATED MATTERS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19 PART IV—CASINO LICENCE AND RELATED MATTERS . . . . . . 24 PART V—CASINO OPERATIONS AND REVIEW THEREOF. . . . . 26 PART VI—TERMINATION . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 26 PART VII—GENERAL. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 SCHEDULE 1 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 32 SCHEDULE 2 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 33’.

s 7 28 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 2 Amendment of cl 1 (1) Clause 1— insert — ‘ “Buy Back” means the time of completion of the selective buy back by Jupiters of Approval Shares held by the Founders, as agreed between the Founders and Jupiters in the Buy Back Agreements dated on or about February 2002, effected by the cancellation of the shares bought back. “Grandfathered Holding” means the lesser of: (a) the voting power of a Grandfathered Shareholder held on the date the Buy Back is announced by Jupiters to Australian Stock Exchange Limited less any shares bought back under the Buy Back; and (b) the voting power held by the Grandfathered Shareholder at any time after the Buy Back. “Grandfathered Shareholder” means a person: (a) whose voting power in Jupiters immediately after the Buy Back is in excess of 10% and immediately prior to the Buy Back was a party to the Foundation Agreement; or (b) who, immediately prior to the Buy Back held the Minister’s approval under clause 27(l) for their voting power in Jupiters to exceed 5% and whose voting power in Jupiters exceeds 10% solely as a result of the Buy Back, provided that a person shall cease to be a Grandfathered Shareholder when their voting power in Jupiters ceases to exceed 10%.’. (2) Clause 1, deﬁnition “Approved Holder” , ‘ Corporations Law if the scheme,’— omit, insert— ‘ Corporations Act if the scheme,’. (3) Clause 1, deﬁnition “Approved Holder” , ‘ Corporations Law acting as principal,’— omit, insert— ‘ Corporations Act acting as principal,’.

s 7 29 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 (4) Clause 1, deﬁnition “Corporations Law” , ‘ “Corporations Law” ’— omit, insert— ‘ “Corporations Act” ’. (5) Clause 1, deﬁnition “Corporations Act” , as inserted, from ‘ Corporations Law of Queensland ’ to ‘in substitution therefor.’— omit, insert— ‘ Corporations Act 2001 of the Commonwealth of Australia and the regulations made under that Act, and includes— (a) the Act and regulations as amended from time to time; and (b) if any law of the Commonwealth is substituted for the Act or regulations – the substituted law.’. (6) Clause 1, deﬁnition “Foundation Agreement” , after ‘means the agreement’— insert— ‘between Jupiters and the Founders’. (7) Clause 1, deﬁnition “Foundation Agreement” , from ‘dated 4 November 1991’ to ‘from time to time’— omit, insert— ‘dated 4 November 1991’. (8) Clause 1, deﬁnition “Founders” , ‘ “Founders” ’— omit, insert— ‘ “Founder” ’. (9) Clause 1, deﬁnition “Founder” , as inserted, from ‘the founders identiﬁed’ to ‘Foundation Agreement.’— omit, insert— ‘a member who immediately prior to the Buy Back was registered as the holder of Approval Shares.’. (10) Clause 1, deﬁnition “Prescribed Development Legislation” , ‘ Fire and Rescue Authority Act 1990 ’— omit, insert— ‘ Fire and Rescue Service Act 1990 ’.

s 7 30 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 3 Amendment of cl 25 (1) Clause 25(c)— omit. (2) Clauses 25(d), (e), (f)— renumber as clauses 25(c), (d), (e) respectively. 4 Amendment of cl 26 Clause 26(d), ‘ Corporations Law ’— omit, insert— ‘ Corporations Act ’. 5 Amendment of cl 27 (1) Clause 27(b), ‘ Corporations Law ,’— omit, insert— ‘ Corporations Act ,’. (2) Clause 27(d), ‘ Corporations Law ;’— omit, insert — ‘ Corporations Act ;’. (3) Clause 27(i)— omit. (4) Clauses 27(j), (k), (l), (m), (n)— renumber as clauses 27(i), (j), (k), (l), (m) respectively. (5) Clause 27(i)(ii), as renumbered, ‘clause 27(k),’— omit, insert— ‘clause 27(j),’. (6) Clause 27(k), as renumbered, ‘ Corporations Law ’— omit, insert — ‘ Corporations Act ’. (7) Clause 27(l), as renumbered, ‘total’—

s 7 31 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 omit . (8) Clause 27(l), as renumbered, after ‘voting power’— insert — ‘in Jupiters’. (9) Clause 27(l), as renumbered, ‘a Founder’— omit, insert— ‘the Grandfathered Shareholders’. (10) Clause 27(m), as renumbered, ‘total’— omit . (11) Clause 27(m), as renumbered, after ‘voting power’— insert — ‘in Jupiters’. (12) Clause 27(m), as renumbered, ‘Founder’— omit, insert — ‘person (other than the Grandfathered Shareholders)’. (13) Clause 27(m), as renumbered, ‘25%’— omit, insert — ‘10%’. (14) Clause 27(m), as renumbered, ‘without the prior approval in writing of the Minister;’— omit, insert — ‘except in the circumstances where: (i) their voting power in Jupiters is at least 90%; and (ii) within 3 calendar months of acquiring the voting power referred to in subparagraph (i); (A) their relevant interest in Jupiters’ voting shares is 100%; and (B) they have a relevant interest in all Jupiters’ securities convertible into voting shares; and (iii) they have the Governor-in-Council’s approval, prior to acquiring the interest referred to in subparagraph (i), to:

s 7 32 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 (A) have the voting power referred to in subparagraphs (i) and (ii); and (B) acquire the relevant interest referred to in subparagraph (ii); and’. (15) Clause 27— insert — ‘(n) ensure that the voting power in Jupiters of a Grandfathered Shareholder does not exceed their Grandfathered Holding;’. (16) Clause 27(o)— omit . (17) Clauses 27(p), (q), (r), (s), (t), (u), (v)— renumber as clauses 27(o), (p), (q), (r), (s), (t), (u) respectively. 6 Omission of cl 28 Clause 28— omit . 7 Omission of cl 29 Clause 29— omit . 8 Amendment of cl 30 (1) Clause 30— renumber as clause 28. (2) Clause 28, as renumbered, ‘clause 27 (m), (n), (o) or (p)’— omit, insert — ‘clause 27 (l), (m), (n) or (o)’.

s 7 33 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 9 Amendment of cl 31 (1) Clause 31— renumber as clause 29. (2) Clause 29, as renumbered, heading, ‘ Foreign Person. ’— omit, insert — ‘ Interpretation of this Part III. ’. (3) Clause 29, as renumbered, after ‘of this Part III’— insert — ‘a reference to’. (4) Clause 29, as renumbered, from ‘(a) “Foreign Person” means:’ to ‘(f) A reference to—’— omit . (5) Clauses 29(i), (ii), (iii), as renumbered— renumber as clauses 29(a), (b), (c) respectively. (6) Clause 29(a), as renumbered, ‘ Corporations Law ’— omit, insert— ‘ Corporations Act ’. (7) Clause 29(b), as renumbered, ‘ Corporations Law ;’— omit, insert — ‘ Corporations Act ;’. (8) Clause 29(c), as renumbered, ‘, other than for the purposes of clause 31(c) and clause 31(d),’— omit . (9) Clause 29(c), as renumbered, ‘ Corporations Law excluding’— omit, insert — ‘ Corporations Act excluding’. (10) Clause 29(c), as renumbered, ‘ Corporations Law .’— omit, insert — ‘ Corporations Act .’.

s 7 34 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 10 Amendment of cl 32 Clause 32— renumber as clause 30. 11 Amendment of cl 33 (1) Clause 33— renumber as clause 31. (2) clause 31(b)(i), as renumbered, ‘clause 33(a);’— omit, insert — ‘clause 31(a);’. (3) Clause 31(b)(ii), as renumbered, ‘clause 33(c).’— omit, insert — ‘clause 31(c).’ (4) Clause 31(c)(i), as renumbered, ‘clause 33(a) but’— omit, insert — ‘clause 31(a) but’. (5) Clause 31(c)(i), as renumbered, ‘clause 33(a);’— omit, insert — ‘clause 31(a);’. (6) Clause 31(c)(iv), as renumbered, ‘clause 33(c)(iii),’— omit, insert — ‘clause 31(c)(iii),’. 12 Amendment of cl 34 (1) Clause 34— renumber as clause 32. (2) Clause 32, as renumbered, ‘clause 37’— omit, insert — ‘clause 35’.

s 7 35 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 13 Amendment of cl 35 Clause 35— renumber as clause 33. 14 Amendment of cl 36 Clause 36— renumber as clause 34. 15 Amendment of cl 37 Clause 37— renumber as clause 35. 16 Amendment of cl 38 (1) Clause 38— renumber as clause 36. (2) Clause 36, as renumbered, ‘clause 39,’— omit, insert — ‘clause 37,’. 17 Amendment of cl 39 (1) Clause 39— renumber as clause 37. (2) Clause 37(a)(ii), as renumbered, ‘clause 39(a)(i)(A) or’— omit, insert — ‘clause 37(a)(i)(A) or’. (3) Clause 37(a)(ii), as renumbered, ‘clause 39(a)(i)(B) becoming’— omit, insert — ‘clause 37(a)(i)(B) becoming’.

s 7 36 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 (4) Clause 37(a)(iii), as renumbered, ‘clause 39(a)(i)’— omit, insert — ‘clause 37(a)(i)’. (5) Clause 37(a)(iv), as renumbered, ‘clause 39(a)(iii)’— omit, insert — ‘clause 37(a)(iii)’. (6) Clause 37(a)(v), as renumbered, ‘clause 39(a)(ii)’— omit, insert — ‘clause 37(a)(ii)’. (7) Clause 37(a)(vi), as renumbered, ‘clause 39(a)(v)’— omit, insert — ‘clause 37(a)(v)’. (8) Clause 37(a)(vii), as renumbered, ‘clause 39(a)(v)’— omit, insert — ‘clause 37(a)(v)’. (9) Clause 37(a)(viii), as renumbered, ‘clause 39(a)(vi)’— omit, insert — ‘clause 37(a)(vi)’. (10) Clause 37(a)(ix), as renumbered, ‘clause 39(a)(i)’— omit, insert — ‘clause 37(a)(i)’. (11) Clause 37(b), as renumbered, ‘clause 38’— omit, insert — ‘clause 36’. (12) Clause 37(b), as renumbered, ‘clause 39(a)’— omit, insert — ‘clause 37(a)’.

s 7 37 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 18 Amendment of cl 40 Clause 40— renumber as clause 38. 19 Amendment of cl 41 Clause 41— renumber as clause 39. 20 Amendment of cl 42 Clause 42— renumber as clause 40. 21 Amendment of cl 43 Clause 43— renumber as clause 41. 22 Amendment of cl 44 Clause 44— renumber as clause 42. 23 Amendment of cl 45 Clause 45— renumber as clause 43.

s 7 38 s 7 Casino Agreements Legislation Amendment Act 2002 No. 5, 2002 24 Amendment of cl 46 Clause 46— renumber as clause 44.’. © State of Queensland 2002