Casino Control Amendment (Cheques) Act 1996 (NSW)

New South Wales

Casino Control Amendment

(Cheques) Act 1996 No 10

Contents

Page

1	Name of Act	2
2	Commencement	2
3	Amendment of Casino Control Act 1992 No 15	2

Schedule 1 Amendments 3

New South Wales

Casino Control Amendment

(Cheques) Act 1996 No 10

Act No 10, 1996

An Act to amend the Casino Control Act 1992 to make further provision with respect to the banking and redemption of cheques accepted by the casino operator; and for other purposes. [Assented to 5 June 1996]

Section 1 Casino Control Amendment (Cheques) Act 1996 No 10

The Legislature of New South Wales enacts:

1 Name of Act

This Act is the Casino Control Amendment (Cheques) Act 1996.

2 Commencement

This Act commences on a day or days to be appointed by proclamation.

3 Amendment of Casino Control Act 1992 No 15

Casino Control Amendment (Cheques) Act 1996 No 10

Amendments	Schedule 1
Schedule 1	Amendments

(Section 3)

[1]        Section 75 Cheques and deposit accounts

Omit the definition of cheque from section 75 (1). Insert instead:

cheque has the same meaning as in the Cheques and Payment Orders Act 1986 of the Commonwealth, but does not include a traveller’s cheque or a cheque that is undated or post-dated.

[2]        Section 75 (5A)

Insert after section 75 (5):

(5A) For the purposes only of subsection (5), electronic funds transfer of an amount to an account operated by the casino operator is taken to be payment of that amount in money to the operator.

[3]        Section 75 (6) (b)

Omit section 75 (6) (b). Insert instead:

(b) must bank a cheque accepted by the operator under this section within the period of time required by subsection (6A).

[4]        Section 75 (6A)

Insert after section 75 (6):

(6A) A cheque must be banked:

(a) within 20 working days after it is accepted, if the cheque is drawn on an account maintained at a branch of the drawee bank that is located outside Australia or an external Territory, or

Casino Control Amendment (Cheques) Act 1996 No 10

Schedule 1 Amendments

(b)	within 10 working days after it is accepted, if the cheque is for $5,000 or more and is drawn on an account maintained at a branch of the drawee bank that is located in Australia or an external Territory, or
(c)	within 1 working day after it is accepted, in any other case.

[5]        Schedule 4 Savings and transitional provisions

Insert after Part 2:

Part 3 Casino Control Amendment (Cheques) Act
1996

3 Banking and redemption of certain cheques received by

casino operator

(1)	An amendment made by the Casino Control Amendment (Cheques) Act 1996 does not apply to a cheque accepted by the casino operator before the commencement of the amendment, except as provided by subclause (2).
(2)	Section 75 (5A) extends to apply in respect of a cheque accepted by the casino operator before the commencement of that subsection, but only so as to authorise the redemption of a cheque by means of an electronic funds transfer made after that commencement.

[Minister’s second reading speech made in—

Legislative Assembly on 15 May 1996
Legislative Council on 29 May 1996]