14. Ongoing disclosure requirements by casino operator
Feedback & supportLast amended by an amending law of 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:
the date a controlled contract is entered into;
the date any controlled contract or notifiable contract is terminated before the expiry of that contract and the reasons for the termination;
the date any option under a controlled contract or notifiable contract is exercised.
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.
Any casino operator which contravenes paragraph (1) or (2) shall be liable to disciplinary action.
Subregulation 1
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:
the date a controlled contract is entered into;
the date any controlled contract or notifiable contract is terminated before the expiry of that contract and the reasons for the termination;
the date any option under a controlled contract or notifiable contract is exercised.
Subregulation 2
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
Any casino operator which contravenes paragraph (1) or (2) shall be liable to disciplinary action.