Victorian Numbered Acts

GAMBLING REGULATION AMENDMENT (GAMING MACHINE ARRANGEMENTS) ACT 2017 (NO. 62 OF 2017) - SECT 44

For section 3.4A.22 of the Principal Act substitute —

        " 3.4A.22     Meaning of relevant holding period

    (1)     If a gaming machine entitlement is allocated to a venue operator, the "relevant holding period" for the entitlement is—

        (a)     the period of 6 months commencing on the gaming machine entitlement declared day that applies to the entitlement; or

        (b)     if that period is extended under section 3.4A.25, the period as extended.

    (2)     If a gaming machine entitlement is transferred to a venue operator, on and after that transfer the relevant holding period for the entitlement is—

        (a)     the period of 6 months commencing on the day on which the entitlement was transferred; or

        (b)     if that period is extended under section 3.4A.25, the period as extended.

    (3)     If a venue operator assigns a gaming machine entitlement, on and after the end of the assignment the relevant holding period for the entitlement is—

        (a)     the period of 6 months commencing on the day on which the assignment ends; or

        (b)     if that period is extended under section 3.4A.25, the period as extended.

    (4)     However, the relevant holding period for a gaming machine entitlement is not to be taken to include any period during which the venue operator's licence of the venue operator who holds the entitlement is suspended under section 3.4.25(4) or 3.4.26(2).".