Australian Capital Territory Numbered Acts Australian Capital Territory Numbered Acts(1) On application for an approval of a financial arrangement, the commission must approve or refuse to approve the arrangement.
(2) The commission must approve a financial arrangement for a gaming machine—
(a) if—
(i) the arrangement is to be under 1 or more written contracts; and
(ii) if the financial arrangement is an arrangement to finance the acquisition of a gaming machine—the commission has approved the acquisition, or proposes to approve it, under section 100 (Decision on application for approval to acquire gaming machines); and
(b) if the applicant is a club—unless satisfied that the arrangement is not in the best interests of the club's members.
(3) It is a condition of an approval under this section that a contract forming part of the approved financial arrangement cannot be amended unless the commission approves the amendment.