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S.L. 583.5 · Gaming Authorisations Regulations (S.L. 583.5)

S.L. 583.5 Art. 29Low risk games.

Van krachtOfficiële tekst

(1) The requirement for an operator of low risk games to hold a licence in terms of Part II of these regulations shall be satisfied if the same operator acquires a low risk games permit from the Authority.

(2) Unless otherwise prescribed in these regulations or any other regulatory instrument, a low risk games operator holding a low risk games permit shall, for the purposes of these regulations and any other law, be deemed to be an authorised person.

(3) A low risk games permit shall:

(a) be valid only for the singular event or events for which it is granted;

(b) expire once the event is concluded;

(c) not be renewable;

(d) not be transferable without the Authority’s prior approval; and

(e) be subject to the limitations laid down in the Fifth Schedule:

Provided that for the purposes of this sub-regulation, a singular event shall be deemed to be concluded once an outcome determining the winner or winners of the event in question has been conclusively generated.