Casino Control (Casino Contracts) (Amendment) Regulations 2013

No. S 55

Casino Control Act

(CHAPTER 33A)

Casino Control
(Casino Contracts) (Amendment)
Regulations 2013

In exercise of the powers conferred by sections 72(1) and 200 of the Casino Control Act, the Casino Regulatory Authority of Singapore, with the approval of the Minister for Home Affairs, hereby makes the following Regulations:

Citation and commencement

1. These Regulations may be cited as the Casino Control (Casino Contracts) (Amendment) Regulations 2013 and shall come into operation on 31st January 2013.

Amendment of regulation 2

2. Regulation 2 of the Casino Control (Casino Contracts) Regulations 2010 (G.N. No. S 62/2010) (referred to in these Regulations as the principal Regulations) is amended by deleting paragraph (2) and substituting the following paragraph:

“(2) In determining whether an amount of foreign currency is equivalent to a Singapore dollar amount under these Regulations, the amount of foreign currency is to be converted to Singapore currency at the exchange rate applicable —

(a)	in the case of a controlled contract or notifiable contract entered into before 5th February 2010, at the time the contract is entered into;
(b)	if a notice of the proposed contract or variation is given to the Authority under section 73(1)(a) of the Act, at the time the notice is given;
(c)	if a report of the entering into the contract or variation is given to the Authority under section 73(1)(b) of the Act, at the time the contract or variation of the contract is entered into;
(d)	if a notice of the notifiable contract or variation is given to the Authority under section 74(1)(a) of the Act, at the time the notifiable contract or variation is entered into; or
(e)	if a report of the entering into the notifiable contract or variation is given to the Authority under section 74(1)(b) of the Act, at the time the notifiable contract or variation is entered into.”.

New regulation 7A

3. The principal Regulations are amended by inserting, immediately after regulation 7, the following regulation:

“Contract prescribed as controlled contract

7A. For the purpose of paragraph (c) of the definition of “controlled contract” in section 72(1) of the Act, any contract between a patron and a casino operator for the payment of the patron’s gambling debt to the casino operator in any form other than by cash, cheque, cashier’s order or telegraphic transfer shall be a controlled contract.”.

Amendment of regulation 8

4. Regulation 8(1) of the principal Regulations is amended —

(a)

by inserting, immediately after the word “writing”, the words “of any proposed contract”;

(b)

by deleting sub-paragraph (a) and substituting the following sub-paragraph:

“(a)	the details of the proposed vendor and the proposed contract in such form as may be determined by the Authority;”; and

(c)

by deleting the word “contract” wherever it appears in sub-paragraphs (b), (c) and (d) and substituting in each case the words “proposed contract”.

Amendment of regulation 9

5. Regulation 9 of the principal Regulations is amended by inserting, immediately after the word “arrangement”, the words “which is”.

Deletion and substitution of regulation 10

6. Regulation 10 of the principal Regulations is deleted and the following regulation substituted therefor:

“Variation of controlled contract

10.—(1) A casino operator shall give notice in writing of any proposed variation of a controlled contract required under section 73(1)(a) of the Act by submitting to the Authority —

(a)	the details of the proposed variation in such form as may be determined by the Authority; and
(b)	such other additional information or documents as may be requested by the Authority in any particular case.

(2) The Authority may refuse to accept any notice given by the casino operator under paragraph (1) which is incomplete.”.

Deletion and substitution of regulation 11

7. Regulation 11 of the principal Regulations is deleted and the following regulation substituted therefor:

“Notifiable contracts

11. A notifiable contract is any contract which meets all of the following requirements:

(a)

a contract that is wholly or partly for the supply of goods or services (other than any controlled matter under regulation 6) for the operations of a casino or for use within any casino premises;

(b)

a contract the value of which is $500,000 (or its equivalent in a foreign currency) or less; and

(c)

a contract which is not —

(i)	approved by the Authority by a notice in writing given under section 72(2) of the Act; or
(ii)	in relation to which the Authority has given a casino operator a notice of exemption in writing under section 72(3) of the Act.”.

Amendment of regulation 12

8. Regulation 12(1) of the principal Regulations is amended by deleting sub-paragraph (a) and substituting the following sub-paragraph:

“(a)	shall contain the details of the vendor and the contract in such form as may be determined by the Authority; and”.

Deletion and substitution of regulation 13

9. Regulation 13 of the principal Regulations is deleted and the following regulation substituted therefor:

“Variation of notifiable contract

13.—(1) A casino operator shall give notice in writing of any variation of a notifiable contract under section 74 of the Act by submitting to the Authority —

(a)	the details of the variation in such form as may be determined by the Authority; and
(b)	such other additional information or documents as may be requested by the Authority in any particular case.

(2) The Authority may refuse to accept any notice given by the casino operator under paragraph (1) which is incomplete.”.

Amendment of regulation 14

10. Regulation 14 of the principal Regulations is amended —

(a)

by deleting the words “as soon as practicable and, in any event, no later than 14 days after any of the following events has occurred” in paragraph (1) and substituting the words “in such manner and by such time as the Authority may specify by notice in writing”;

(b)

by deleting the words “a controlled contract or notifiable contract” in paragraph (2) and substituting the words “a vendor, a controlled contract or a notifiable contract”; and

(c)

by inserting, immediately after paragraph (2), the following paragraph:

“(3) Any casino operator which contravenes paragraph (1) or (2) shall be liable to disciplinary action.”.

Deletion of regulation 15

11. Regulation 15 of the principal Regulations is deleted.

Made this 24th day of January 2013.

RICHARD MAGNUS

Chairman,
Casino Regulatory Authority of Singapore.

[CRA 206.02.00003; AG/LLRD/SL/33A/2010/28 Vol. 1]

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