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National Gambling Act, 2004 (Act No. 7 of 2004)

Regulations

National Gambling Regulations, 2004

Chapter 3 : Jurisdiction

26. Transfer of or acquisition of controlling interest in licence

 

 

1) The investigations to be conducted by a provincial licensing authority before granting a transfer of a licence or approving an acquisition in terms of section 59(3) shall include, at a minimum, the conduct of such investigations as are necessary to ensure compliance with section 50(2) of the Act.

 

2) The provincial licensing authority granting a transfer or approving an acquisition of a licence shall notify the Board of such transfer or approval.