Compliance

(1) A licensee shall appoint, or designate, a fit andproper individual approved by the Board as its compliance officer. (2) The Board may, by notice in writing to a licensee, revoke its approval of an individual as the licensee’s compliance officer. (3) Where the Board issues a notice under sub-section (3), the licensee shall appoint, or designate, another individual as its compliance officer in accordance with this section. (4) A licensee shall establish, maintain and implement a compliance policy and compliance systems and controls that are appropriate for the nature, scale, complexity and diversity of the gaming business carried on by the licensee. (5) The Board may issue one or more guidelines specifying requirements, not inconsistent with this Act or the regulations made under this Act, relating to the carrying on by licensees of gaming business. (6) Without limiting sub-section (5), guidelines may provide for the– (a) standards of compliance expected of licensees; (b) individuals who may act as the compliance officer for a licensee; 21 (c) factors that the Board will take into account in considering the suitability of a person as a compliance officer; (d) functions and responsibilities of a compliance officer; (e) preparation by licensees of a compliance manual and the matters to be included in such a manual; and (f) requirements with respect to the compliance policies, systems and controls of a licensee. (7) Guidelines may– (a) make different provision in relation to persons, cases or circumstances of different descriptions; and (b) include such transitional provisions as the Board considers necessary or expedient. (8) The Board may amend, add to or replace any guidelines by notice published in the Gazette.