Casino Control Act 1992 Regulation relating to controlled contracts and notifiable contracts (1995-725) [GG No 152 of 15.12.1995] (NSW)

1995—No. 725

CASINO CONTROL ACT 1992—REGULATION

(Relating to controlled contracts and notifiable contracts)

NEW SOUTH WALES

(Published in Gazette No. 152 of 15 December 1995]

HIS Excellency the Governor, with the advice of the Executive Council, and in pursuance of the Casino Control Act 1992, has been pleased to make the Regulation set forth hereunder.

JACK FACE, M.P.,

Minister for Gaming and Racing.

Commencement

1. This Regulation commences on 1 January 1996.

Amendments

2. The Casino Control Regulation 1995 is amended:

(a)	by omitting from clause 11 the matter “section 37 (2)” and by inserting instead the matter “section 37A (l)”;
(b)	by omitting from clause 12 the matter “section 37 (1) (a)” and by inserting instead the matter “section 37 (1)”;
(c)	by inserting after clause 12 the following clause: Fee to accompany contract notice

12A. For the purposes of section 37 ( 1) of the Act, the prescribed fee is $2,000.

1995—No. 725

EXPLANATORY NOTE

This Regulation is consequential on the enactment of the Casino Control Amendment Act 1995. That Act (among other things) repealed section 37 (Requirements for controlled contracts and notifiable contracts) of the Casino Control Act 1992 and re-enacted it as 2 separate sections—sections 37 (Requirements for controlled contracts) and 37A (Requirements for notifiable contracts). Clause 2 (a) and (b) of this Regulation makes the requisite consequential amendments to cross-references to section 37 in clauses 11 and 12 of the Casino Control Regulation 1995.

A requirement of both the repealed and the re-enacted section 37 is that a casino operator must give the Casino Control Authority written notice of the details of any “controlled contract” (defined in section 36 of the Act), and any variation of a controlled contract, that the casino operator proposes to enter into or become a party to. The re-enacted section 37 also includes a requirement that the written notice (the “contract notice”) be accompanied by the prescribed fee. Clause 2 (c) of this Regulation inserts a new clause 12A. which prescribes that fee, in the Casino Control Regulation 1995.

This Regulation is made under the Casino Control Act 1992 and, in particular, section 170 and Schedule 3 (the general regulation-making power) and sections 37 (1) and 37A (1).