Singapore legislation

Regulation 7

of Casino Control (Casino Marketing Arrangements) Regulations 2013

Regulation 7

Application for international market agent licence

Subregulation 1

An application for an international market agent licence shall be made to the Authority in such form and manner as the Authority may provide and shall be accompanied by —

(a)

the appropriate application fee specified in the Second Schedule, which fee is not refundable;

(b)

the disclosure of corporate or individual information in the form provided by the Authority for the applicant for the international market agent licence and such associates of that applicant as the Authority may specify;

(c)

documentary evidence from any casino operator or applicant for a casino licence that it intends to enter into an international market agreement with the applicant for the international market agent licence;

(d)

an endorsement of the applicant for the international market agent licence in such form as the Authority may require, by each casino operator (or applicant for a casino licence) with which the applicant for the international market agent licence intends to enter into an international market agreement —

(i)

stating that, having regard to the suitability of the applicant for the international market agent licence, the casino operator (or applicant for a casino licence) is satisfied that entering into an international market agreement with the applicant for the international market agent licence will not affect the credibility, integrity and stability of its casino operations; and

(ii)

accompanied by a due diligence report on the applicant for the international market agent licence by the casino operator (or applicant for a casino licence); and

(e)

such other documents as the Authority may require to determine the application.

Subregulation 2

The Authority may refuse to consider an application under paragraph (1) if ––

(a)

the application is incomplete; or

(b)

the application fee or the estimated costs of investigation required under regulation 12 are not paid.

Subregulation 3

Where any application for an international market agent licence, received and considered by the Authority before the date of publication of the notice referred to in regulation 13(3)(a), is refused on the ground stated in regulation 13(2), the Authority shall refund the costs of investigation paid in respect of the application under paragraph (1), and any application made under regulation 8(1), without interest to the applicant.