National Gambling Act, 2004 (Act No. 7 of 2004)Chapter 3 : Jurisdiction and LicensingPart D : Licensing norms and standards51. Disqualification after licence issued |
| 1) | This section does not apply to an employment licence. |
| 2) | If a person who holds a licence, or an interest in a licensee, becomes disqualified in terms of section 50(2), or relevant provincial law, after the licence was issued- |
| a) | that person must advise the licensee and the licensing authority in the prescribed manner and form; and |
| b) | if that person- |
| i) | holds an interest in the licensee, that person must dispose of that interest within a period of not more than 3 years, determined by the licensing authority after considering the circumstances, and the nature of the disqualification; or |
| ii) | is a manager of the business concerned, the licensing authority may impose reasonable conditions on the continuation of the licence with the object of ensuring continuing compliance with the principals of this Act. |