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

Regulations

Regulations on Limited Payout Machines, 2000

Chapter 5

63. Procurement of financial and controlling interests in licensees

Purchase cart Previous page Return to chapter overview Next page

 

A provincial licensing authority must have provisions in place whereby any procurement of a financial or controlling interest of five percent or more in the business to which a licence relates would be required to apply for the consent of the relevant provincial licensing authority.