Singapore legislation

Clause 23

of Casino Control (Amendment) Bill

Clause 23

Amendment of section 72

Section 72 of the principal Act is amended —

(a)

by deleting the full-stop at the end of the definition of “controlled contract” in subsection (1) and substituting a semi-colon, and by inserting immediately thereafter the following definitions:“ “notifiable contract” means a contract of a class or type prescribed as a notifiable contract for the purposes of this Division but does not include a controlled contract;“supply of goods or services” includes the supply of intangible goods, assets and intellectual property rights.”;

(b)

by deleting the words “in relation to contracts if the Authority is satisfied that the system of internal controls and administrative and accounting procedures approved by the Authority under section 138 in relation to the casino operator adequately provide for compliance with this Division” in subsection (3); and

(c)

by deleting the section heading and substituting the following section heading:“Application and interpretation of this Division”.

Clause 23 — Casino Control (Amendment) Bill | laws.sg