Victorian Numbered Acts Victorian Numbered ActsAfter Division 2 of Part 7 of Chapter 3 of the Gambling Regulation Act 2003 insert —
(1) The monitoring licensee must, from time to time provide the Commission, as required, and in a form approved by the Commission, with a written authority addressed to the authorised deposit-taking institution referred to in section 3.4.49A authorising that institution to comply with any requirements of an inspector exercising powers under this section.
Penalty: 100 penalty units.
(2) An inspector may, by notice in writing, require the manager or other principal officer of an authorised deposit-taking institution referred to in section 3.4.49A to provide the inspector with—
(a) a statement of an approved linked jackpot trust account referred to in that section; and
(b) any other particulars relating to the account that are specified in the notice.
(3) A person to whom a notice is given under subsection (2) must comply with the notice.
Penalty: 60 penalty units.
(4) An inspector cannot exercise a power under subsection (2) without the prior written approval of the Commission.
(1) The monitoring licensee must keep accounting records that correctly record and explain the transactions relating to, and the financial position of, each approved linked jackpot trust account the licensee has established.
Penalty: 60 penalty units.
(2) The monitoring licensee must keep the accounting records referred to in subsection (1) in the form required by the Commission and in a manner that will enable them to be conveniently and properly audited.
Penalty: 60 penalty units.
A function of the Commission under this Division may be performed by any commissioner.".