National Gambling Act, 2004 (Act No. 7 of 2004)Chapter 2 : National Gambling PolicyPart B : Prohibited gambling, restricted activities and status of gambling debt11A. Provision of interactive gambling facilities |
| 1) | An interactive provider must— |
| a) | not permit a person to participate in an interactive game unless that person— |
| i) | is registered as a player and has opened a player account with that interactive provider in that person's name; |
| ii) | has nominated an account held with an authorised financial institution for the movement of funds into and out of the player account in the prescribed manner; and |
| iii) | has set a limit on the funds that may be transferred from that person's nominated account into the player account, in the prescribed manner, for the purpose of participating in interactive games; |
| b) | immediately transfer funds in excess of the prescribed maximum amount held to the credit in the player account to the player's nominated account; |
| c) | not conduct a further game if an interactive game conducted by an interactive provider is started but miscarries because of human error or a failure in the operating or telecommunications system and that further game is likely to be affected by the same error or fault; and |
| d) | in the prescribed manner and form— |
| i) | establish and verify the identity of players; |
| ii) | record the identity, address and account information of players; |
| iii) | obtain and record a statement from a player confirming that a player is 18 years or older; |
| iv) | obtain and record a statement from a player confirming that the law of a country within which the player primarily resides, does not prohibit the player from playing interactive games; and |
| v) | report to the board any information which the interactive provider suspects may relate to the commission of an offence. |
| 2) | For the purposes of this section, an interactive provider or a player, must not — |
| a) | convert any funds in a player account into any other form of value; or |
| b) | transfer any funds from a player account to any account other than the account nominated in terms of subsection (1)(a)(ii) where the funds initially originated from. |
| 3) | The Minister must— |
| a) | prescribe procedures for— |
| i) | player registration; |
| ii) | registration and control of player accounts; and |
| iii) | dealing with an interactive game that was started but discontinued because of human error or a failure in the operating or telecommunication system; and |
| b) | from time to time, publish a list of foreign countries from which an interactive provider may accept accounts for the purpose of movement of funds in the manner contemplated in subsection (1)(a)(ii). |
| 4) | The countries contemplated in subsection (3)(b) must meet the conditions set by the Financial Action Task Force or any international organisation of which the Republic is a member, and whose objective is to combat money laundering and financing of terrorist and related activities. |