Singapore legislation

Regulation 19

of Casino Control (Casino Marketing Arrangements) Regulations 2013

Regulation 19

Withdrawal of endorsement by casino operator

Subregulation 1

A casino operator —

(a)

shall monitor the suitability of every international market agent endorsed by it and shall withdraw its endorsement of any international market agent if the casino operator is no longer satisfied that being a party to an international market agreement with that international market agent will not affect the credibility, integrity and stability of its casino operations; and

(b)

may withdraw its endorsement of any international market agent if, for any other reason, the casino operator no longer wishes to enter into or be a party to an international market agreement with the international market agent.

Subregulation 2

Where a casino operator withdraws its endorsement of an international market agent —

(a)

under paragraph (1)(a), the licence of that international market agent, and every international market agent representative employed by that international market agent, shall lapse with respect to the casino of the casino operator withdrawing its endorsement and any other casino in respect of which the international market agent licence has been granted; and

(b)

under paragraph (1)(b), the licence of that international market agent, and every international market agent representative employed by that international market agent, shall lapse with respect to the casino of the casino operator withdrawing its endorsement.

Subregulation 3

A withdrawal of endorsement by a casino operator under paragraph (1) shall —

(a)

by a notice in writing (referred to in this regulation as a notice of withdrawal), be given to the international market agent, not less than 24 hours before the effective date of the withdrawal;

(b)

state the effective date of the withdrawal; and

(c)

contain the grounds for the withdrawal and such other information as the Authority may require.

Subregulation 4

A casino operator shall, at the time the notice of withdrawal is given to the international market agent or immediately thereafter, send a copy of the notice of withdrawal to the Authority.

Subregulation 5

The Authority may, by notice in writing, request the casino operator to provide such information or produce such records relevant to its endorsement or withdrawal of endorsement of any international market agent as the Authority may consider necessary, and the casino operator shall comply with such request.