Clause 118

Section 45 of the principal Act as amended by section 9 of this Act shall apply only in respect of any application for the grant or renewal of any casino licence for a term commencing on or after 1st January 2015, and any application for the grant or renewal of any casino licence commencing before that date shall be dealt with under section 45 of the principal Act in force immediately before the date of commencement of section 9 of this Act, as if section 9 of this Act had not been enacted.

The maximum financial penalty for any ground for disciplinary action occurring before the date of commencement of section 15(a) of this Act shall be the amount referred to in paragraph (d) of the definition of “disciplinary action” in section 54(1) of the principal Act in force immediately before the date of commencement of section 15(a) of this Act.

Any person who, immediately before the date of commencement of section 45 of this Act, held a valid junket promoter licence or junket representative licence shall be deemed to be a licensed international market agent or licensed international market agent representative, respectively, until the date the junket promoter licence or junket representative licence would have expired, unless the licence earlier lapses or is cancelled under the principal Act as amended by section 45 of this Act.

For a period of 2 years after the date of commencement of any provision of this Act, the Minister charged with the responsibility for casino regulation may, by regulations, prescribe such provisions of a saving or transitional nature consequent on the enactment of that provision as he may consider necessary or expedient.