Singapore legislation
Section 61
Section 61
Change in situation of casino operator
(1)
In this section —
Definition
“major change”, in the situation existing in relation to a casino operator, means —
any change which results in a person becoming an associate of the casino operator;
any change in the person engaged or appointed to manage or operate the casino; or
any other change which is of a class or description prescribed as major for the purposes of this section;
Definition
“minor change”, in the situation existing in relation to a casino operator, means any change in that situation that is prescribed as a minor change for the purposes of this section.
(2)
A casino operator must —
take all reasonable steps to ensure that a major change in the situation existing in relation to the casino operator which is within the casino operator’s power to prevent occurring does not occur except with the prior approval in writing of the Authority;
where paragraph (a) does not apply, notify the Authority in writing of any major change in the situation existing in relation to the casino operator within 3 days after the casino operator becomes aware of the change; and
notify the Authority in writing of any minor change in the situation existing in relation to the casino operator within 14 days after becoming aware that the change has occurred.
(3)
Sections 46 and 47 apply to and in respect of an application for approval under this section in the same manner that they apply to and in respect of an application for a casino licence.
(4)
If a major change is proposed or has occurred involving a person becoming an associate of a casino operator —
in a case which also requires —
an application to be made under section 65 or 66 by a shareholder or prospective shareholder of the casino operator;
notice of a controlled contract to be given under section 73; or
an application for a special employee licence to be made under section 81,the casino operator is deemed to have complied with subsection (2)(a) if such application is made or such notice is given, as the case may be; or
in any other case, the Authority must inquire into the change to determine whether it is satisfied that the person is a suitable person to be associated with the management of a casino having regard to the relevant matters in section 45(2) and if it is not so satisfied, must take any action that it considers appropriate under section 63.
(5)
Any casino operator who fails to comply with subsection (2) shall be liable to disciplinary action.