Casino Control Act 2006 · 2020 Revised Edition · Part 4 · Supervision and Control of Casino Operators
67. Approval of applications
Feedback & supportLast amended by an amending law of 2024. 2 amendments in all.
The Authority may approve an application made by any person under section 65 or 66 if the Authority is satisfied that —
the person is a suitable person to be concerned in or associated with the management and operation of a casino;
having regard to the person’s likely influence, the casino operator will or will continue to conduct its business prudently and comply with the provisions of this Act; and
it is in the public interest to do so.
Any approval under this section may be granted to any person subject to such conditions as the Authority may determine, including but not limited to any condition —
restricting the person’s disposal or further acquisition of shares or voting power in the casino operator; (b)restricting the person’s exercise of voting power in the casino operator; or
requiring the person to carry out the acquisition of shares, interests in shares or voting power within a specified time.
The Authority may at any time add to, vary or revoke any condition imposed under subsection (2).
Any condition imposed under subsection (2) has effect despite any of the provisions of the Companies Act 1967 or anything contained in the memorandum or articles of association of the casino operator.
casino operator
“casino operator” means a person who is the holder of a casino licence;
Where the Authority disapproves an application made by any person under section 65(2) or 66(2), the person must, within such time as the Authority may specify, take such steps as are necessary —
in the case of section 65(2), to cease to be a substantial shareholder or a party to the agreement or arrangement, as the case may be;
in the case of section 66(2), to cease to be —
a 12% controller;
a 20% controller; or
an indirect controller,as the case may be.
Where the Authority proposes to add to, vary or revoke under subsection (2A) any condition imposed under subsection (2) (including any condition imposed before the date of commencement of section 16 of the Casino Control (Amendment) Act 2024 under subsection (2) as in force before that date), the Authority must —
casino
“casino” means any premises, or part of premises, within a designated site where persons may participate in casino gambling approved by the Authority;
give written notice of the proposed addition, variation or revocation to the person subject to the conditions (called the affected person);
allow the affected person a specified period to make submissions to the Authority concerning the proposed addition, variation or revocation;
consider the submissions made, if any; and
notify the affected person of its decision.