Licensee’s system of internal control

(1) A Casino Licensee shall submit to the Board a description of its system of internal procedures and administrative and accounting controls at least 180 days before gaming operations are to commence or 90 days before changes in a previously submitted system are to become effective, unless otherwise directed by the Board. (2) Each such submission shall contain both narrative and diagrammatic representation of the internal control system to be utilised by the Licensee. (3) No Casino Licensee shall commence gaming operations unless and until the submitted system of controls is approved by the Board. (4) No Casino Licensee shall alter its internal controls unless and until such changes are approved by the Board. (5) If required, a Casino Licensee shall make such alterations to its systems of controls as maybe specified by the Board. (6) The submission required under subregulation (1) shall be signed by the executive responsible for its preparation and shall be accompanied by a report of an Independent Accountant stating that the submitted system conforms in all respects to the 134 Gaming Control standards of international control required by the Act and these Regulations or in what respects the system does not so conform.