Power to impose conditions

(1) Subject to sub-sections (2) and (3), the Board may impose such conditions as it considers appropriate on any gaming licence issued or approval granted. (2) It is a condition of every gaming licence issued or approval granted that the person in respect of whom the gaming licence is issued or approval granted is considered by the Board to be a fit and proper person for the function he performs or proposes to perform. (3) It is a condition of every gaming licence issued that the licensee complies with his AML/CFT obligations. (4) If a gaming licence is issued, or an approval granted, subject to one or more conditions other than those referred to in sub-section (2) or (3)– (a) the Board shall, together with the gaming licence or approval, issue a written notice specifying the condition or conditions; and 14 (b) if, in respect of any condition, it considers that it is in the public interest to do so, the Board may state that condition on the gaming licence or approval and issue a public statement concerning the condition, in such manner as it considers fit. (5) The Board may, upon giving reasonable written notice to a licensee, at any time– (a) vary or revoke a condition imposed under sub- section (1); or (b) impose new conditions on the gaming licence or approval. (6) A licensee may apply to the Board in writing for a condition to be revoked or varied and, if the Board is satisfied that the condition is no longer necessary or should be varied, it may revoke or vary the condition. (7) If the Board revokes or varies a condition or imposes a new condition, the licensee shall, if requested to do so by the Board, deliver its gaming licence to the Board for re-issue. (8) For the purposes of this section and section 5B, “gaming licence” refers to any licence issued by the Board under this Act or the regulations made under this Act.