For sections 4.3A.3 and 4.3A.4 of the Gambling Regulation Act 2003 substitute —
(1) The Minister may invite a person that is a body corporate but not a prohibited person to apply for the wagering and betting licence.
(2) The Minister may take into account any other matter in deciding whether to invite a person to apply for the wagering and betting licence.
(3) In this section—
"prohibited person" means—
(a) a licensed racing club; or
(b) Racing Products; or
(c) Racing Victoria; or
(d) VicRacing; or
(e) a body corporate—
(i) in which any share is held by or on behalf of an entity referred to in paragraph (a), (b), (c) or (d); or
(ii) of which an entity referred to in paragraph (a), (b), (c) or (d) is a member.
(1) If requested by the Minister, the Secretary must give a written report to the Minister in relation to a person the Minister is considering inviting to apply for the wagering and betting licence.
(2) A report may include any recommendations the Secretary thinks fit.
(3) The report must include the reasons for any findings or recommendations contained in it.
For the purpose of preparing a report under section 4.3A.4 or 4.3A.6 to give to the Minister and for investigations and inquiries to be carried out under Division 1C or 1D of Part 4 of Chapter 10 for the purpose of preparing a report under section 4.3A.4 or 4.3A.6, the Secretary must obtain the written consent of—
(a) a possible invitee, pending applicant or applicant; and
(b) any other person the Secretary considers relevant to the consideration by the Minister of whether—
(i) to invite a possible invitee to apply for the wagering and betting licence; or
(ii) a pending applicant or an applicant should be granted the wagering and betting licence under this Division.".