National Gambling Act, 2004 (Act No. 7 of 2004)

Chapter 3 : Jurisdiction and Licensing

Part D : Licensing norms and standards

52. Acquisition of interest by disqualified person
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1)This section does not apply to an employment licence.

 

2)If a person who is disqualified in terms of section 50(2) acquires a licence, or any of the total financial interest in a licensee, that person must, within a period of not more than three years, as determined by the licensing authority after considering the circumstances and the nature of the disqualification, dispose of that licence or all their financial interest in that licensee, as the case may be.