Australian Capital Territory Numbered Acts

GAMING MACHINE ACT 2004 (NO. 34 OF 2004) - SECT 101

    (1)     A licensee commits an offence if—

        (a)     the licensee enters into an arrangement—

              (i)     to finance the acquisition of a gaming machine; or

              (ii)     to encumber a gaming machine; and

        (b)     the commission has not approved the arrangement.

Maximum penalty: 100 penalty units.

    (2)     A licensee may apply in writing to the commission for approval of an arrangement (a "financial arrangement")—

        (a)     to finance the acquisition of a gaming machine; or

        (b)     to encumber a gaming machine.

Note     If a form is approved under the Control Act, s 53D for an application, the form must be used.

    (3)     The application must be accompanied by a copy of each document related to the proposed financial arrangement.