Australian Capital Territory Numbered Regulations Australian Capital Territory Numbered Regulations For the purposes of paragraph 91 (a) of the Act the premises
where the agent trades are prescribed.
17. Prescribed
period—s. 100 (1)
For the purposes of subsection 100 (1)
of the Act the prescribed period of time is 1 year.
18.
Unclaimed money
(1) For the purposes of subsection 100 (1) of
the Act, where a player cannot be found, a licensed provider shall remit the
balance remaining in the player's account into a trust bank account.
(2)
For the purposes of subparagraph 120 (2) (c) (iii) of the Act,
where there is no current player's account and the licensed provider is
unaware of the whereabouts of a former player, the licensed provider shall pay
the remainder of the proceeds into a trust bank account.
(3) Any
money paid into a trust bank account under subregulation (1) or (2) shall, on
the expiry of the period of 1 year after the day on which the money was so
paid, be dealt with by the provider as the Commissioner, in writing, directs.