Singapore legislation

Regulation 14

of Casino Control (Casino Contracts) Regulations 2010

Regulation 14

Ongoing disclosure requirements by casino operator

Amended byS 55/2013 wef 31/01/2013S 55/2013 wef 31/01/2013S 55/2013 wef 31/01/2013

Subregulation 1

Amended byS 55/2013 wef 31/01/2013

A casino operator shall notify the Authority in writing of the following matters in such manner and by such time as the Authority may specify by notice in writing:

(a)

the date a controlled contract is entered into;

(b)

the date any controlled contract or notifiable contract is terminated before the expiry of that contract and the reasons for the termination;

(c)

the date any option under a controlled contract or notifiable contract is exercised.

Subregulation 2

Amended byS 55/2013 wef 31/01/2013

A casino operator shall notify the Authority in writing as soon as practicable upon becoming aware of any occurrence or matter as regards a vendor, a controlled contract or a notifiable contract that may be reasonably regarded as being likely to adversely affect the credibility, integrity and stability of its casino operations.

Subregulation 3

Amended byS 55/2013 wef 31/01/2013

Any casino operator which contravenes paragraph (1) or (2) shall be liable to disciplinary action.