CASINO CONTROL
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Meaning of “associate”
3.—(1) For the purposes of this Act (other than Division 2 of Part IV), a person is an “associate” of a casino operator or an applicant for a casino licence if the person—
- (a) holds or will hold any relevant financial interest, or 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 casino business of the casino operator or applicant, and by virtue of that interest or power, is able or will be able to exercise a significant influence over or with respect to the management or operation of that casino business; or
- (b) holds or will hold any relevant position, whether in right of the person or on behalf of any other person, in the casino business of the casino operator or applicant.
(2) In this section—
- “relevant financial interest”, in relation to a business, means—
- (a) any share in the capital of the business; or
- (b) any entitlement to receive any income derived from the business;
- “relevant position”, in relation to a business, means the position of director, manager or secretary, or other executive position, however that position is designated;
- “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.
Minister may revoke order for designated site or cancel casino licence in public interest
4.—(1) Notwithstanding any other provision of this Act, if it appears to the Minister to be necessary in the public interest to do so, the Minister may, after consultation with the Authority—
