Singapore legislation

Regulation 2

of Casino Control (Casino Marketing Arrangements) Regulations 2013

Regulation 2

Definitions

Subregulation 1

In these Regulations, unless the context otherwise requires —

Definition

“application” means an application for an international market agent licence or an international market agent representative licence, and “applicant” shall be construed accordingly;

Definition

“endorsement”, in relation to an international market agent, means an endorsement by a casino operator of the international market agent, in accordance with the requirements in regulation 7(1)(d);

Definition

“international market agreement” means a contract or other arrangement between a casino operator and a licensed international market agent that relates to the conduct of a casino marketing arrangement by that international market agent;

Definition

“international player” means a person who games in a casino as a result of his participation in a casino marketing arrangement;

Definition

“international market licensee” means the holder of an international market agent licence or international market agent representative licence;

Definition

“net win” has the same meaning as in section 146(6) of the Act;

Definition

“relevant financial interest”, in relation to a business, means —

(a)

any share in the capital of the business;

(b)

any entitlement to receive any income derived from the business; or

(c)

any contribution to the capital of the business, whether by a loan or otherwise;

Definition

“relevant position”, in relation to a business, means the position of director or manager, or other executive position, however that position is designated;

Definition

“relevant power” means any power, whether exercisable by voting or otherwise and whether exercisable alone or in association with others —

(a)

to participate in any directorial, managerial or executive decision; or

(b)

to elect or appoint any person to any relevant position.

Subregulation 2

In these Regulations, a person is an “associate” of a licensed international market agent or an applicant for an international market agent licence if the person is, in the opinion of the Authority, able or will be able to exercise a significant influence over or with respect to the management or operation of the business of the licensed international market agent or the applicant relating to the grant of an international market agent licence.

Subregulation 3

In determining whether a person is able or will be able to exercise the significant influence referred to in paragraph (2), the Authority may consider all or any of the following:

(a)

whether the person holds or will hold any relevant financial interest in the business of the licensed international market agent or the applicant relating to the grant of an international market agent licence;

(b)

whether the person is or will be entitled to exercise any relevant power (whether in right of the person or on behalf of any other person) in the business of the licensed international market agent or the applicant relating to the grant of an international market agent licence;

(c)

whether the person holds or will hold any relevant position (whether in right of the person or on behalf of any other person) in the business of the licensed international market agent or the applicant relating to the grant of an international market agent licence;

(d)

the degree of direct or indirect influence that the person has in the management or operation of the business of the licensed international market agent or the applicant relating to the grant of an international market agent licence;

(e)

any other matter that the Authority considers relevant.