Section 76

The Authority may serve on each party to a controlled contract or a notifiable contract a written notice affording the party an opportunity to show cause within 14 days, or such longer period as the Authority may allow on application by any party to the contract, why the contract should not be terminated on the ground that, for reasons specified in the notice, the continuance of the contract affects the credibility, integrity and stability of casino operations.

The Authority may, in the event of any immediate threat to the credibility, integrity and stability of casino operations, by a written notice served on each party, direct that further performance of any controlled contract or notifiable contract (whether entered into before, on or after 31 January 2013) must be suspended from the date the notice is served until a determination is made by the Authority as to whether the contract should be terminated.

The person may, within the period specified in the notice in subsection (1), arrange with the Authority for the making of submissions as to why the contract should not be terminated.

After considering any submissions so made, the Authority may, by written notice served on each party to the contract, require the contract to be terminated within a time specified in the notice.

If the contract is not terminated as required by the notice under subsection (4), it is deemed to be terminated by this Act upon expiry of the period specified in the notice.

No compensation is payable by the Authority in respect of any contract which is suspended under subsection (2), whether or not such contract is terminated under this section.