Singapore legislation
Regulation 4
Regulation 4
When patron remains or ceases to be premium player
Subregulation 1
After a patron of a casino first qualifies as a premium player of the casino in accordance with regulation 3, the patron remains as a premium player of the casino for an initial period of 12 months thereafter, unless otherwise expressly provided in this regulation.
Subregulation 2
In any case where after a patron of a casino qualifies as a premium player of the casino in accordance with regulation 3 —
the credit balance in the deposit account opened by the patron with the casino operator of that casino falls below $100,000;
the period during which the credit balance in the deposit account is below $100,000 does not exceed the period specified in regulation 2B; and
one or more additional deposits in accordance with regulation 2A are made by or on behalf of the patron into the patron’s deposit account,the patron shall remain a premium player of that casino for a period of 12 months starting from the date the credit balance in the deposit account reaches $100,000 or more.
Subregulation 3
Where —
a patron of a casino who is neither a citizen of Singapore nor a permanent resident of Singapore is a premium player of the casino; and
the patron subsequently becomes a citizen of Singapore or a permanent resident of Singapore,the patron shall cease to be a premium player of the casino upon his becoming a citizen of Singapore or a permanent resident of Singapore, unless, upon becoming such a citizen or permanent resident, he provides the casino operator with a new deposit in one or more of the forms in regulation 2A(1)(a) to (d) which satisfies the minimum balance, and he shall remain a premium player of the casino for a period of 12 months starting from the date he so provides the casino operator of that casino with the new deposit.
Subregulation 4
Where the credit balance in the deposit account of a patron of a casino who is a premium player of the casino is $100,000 or more on —
the next anniversary of the date he first qualifies to be a premium player referred to in paragraph (1) if applicable to the patron;
the next anniversary of the date referred to in paragraph (2) or (3) if applicable to the patron; or
the date immediately after the end of the further period referred to in this paragraph if applicable to the patron,that patron shall remain a premium player of the casino for a further period of 12 months starting on that date, and so on.
Subregulation 5
A patron ceases to qualify as a premium player if he does not retain his qualification as a premium player in accordance with paragraph (1), (2), (3) or (4), or upon the closure of the patron’s deposit account with the casino operator, whichever is earlier.
Subregulation 6
Nothing in this regulation prevents a patron who is a premium player of a casino from applying to close his deposit account with the casino, and that patron shall cease to be a premium player of that casino immediately upon the closing of such deposit account.Illustration 1Patron A makes a deposit of $100,000 into his deposit account with a casino operator on 2nd January 2012. Patron A qualifies as a premium player with the casino operator on 2nd January 2012. Patron A draws down $100,000 from his deposit account on 4th January 2012 to play at the casino. On 4th January 2012, the deposit balance is recorded as $0. Patron A continues to retain his qualification as a premium player, which will cease on 1st January 2013 or upon the closure of Patron A’s account with the casino operator, whichever is the earlier.Illustration 2APatron B makes a deposit of $100,000 into his deposit account with a casino operator on 2nd January 2012. Patron B qualifies as a premium player with the casino operator on 2nd January 2012. Patron B draws down $20,000 from his deposit account on 4th January 2012 to play at the casino. Patron B further deposits $30,000 into his deposit account with the casino operator on 6th January 2012, bringing his deposit balance to $110,000. Patron B re-qualifies as a premium player on 6th January 2012. Patron B’s qualification as a premium player status will cease on 5th January 2013 or upon the closure of Patron B’s deposit account with the casino operator, whichever is the earlier.Illustration 2BPatron B does not carry out further transactions in respect of his deposit account after 6th January 2012. The balance in his deposit account remains at $110,000 on 5th January 2013. He does not close his deposit account with the casino operator on 6th January 2013 and still has $110,000 in his deposit account on 6th January 2013. Patron B re-qualifies as a premium player on 6th January 2013 without having to furnish another $100,000, as he already has not less than $100,000 in his deposit account on 6th January 2013.Note: Patron B in Illustration 2B is the same Patron B in Illustration 2A.