Australian Capital Territory Numbered Regulations

GAMBLING AND RACING CONTROL (CODE OF PRACTICE) AMENDMENT REGULATIONS 2004 (NO 1) (NO 31 OF 2004) - REG 26

substitute

22     Cash payment limits for casino licensees

    (1)     A casino licensee must not pay to a gambling patron winnings in cash of more than $20 000 in any gaming day.

Example

A gambling patron in a casino wind $25 000, and at 10pm on Wednesday the casino pays the person $20 000 in cash and the balance of $5 000 by cheque or electronic funds transfer. The casino must not make any further cash payments to the person until the casino re-opens to the general public at 12 noon on Thursday.

Note     An example is part of the regulations, is not exhaustive and may extend, but does not limit, the meaning of the provision in which it appears (see Legislation Act, s 126 and s 132).

    (2)     To remove any doubt, subclause (1) does not prevent the payment of winnings, in excess of $20 000, in any other way.

    (3)     Subclause (1) does not apply to the payment of winnings to a person participating in a commission-based player scheme.

    (4)     In this clause:

"commission-based player scheme"—see the Casino Control Act 1988 , section 3.

gaming day means—

        (a)     the period from when the casino opens to the public on a day until it next closes; but

        (b)     if the casino is open to the public for longer than 24 hours continuously—

              (i)     each 24-hour period for which it is open to the public; and

              (ii)     if the last period before it closes is less than 24 hours—that period.