Casino Control (Casino Licence and Fees) (Amendment) Regulations 2016

Status:

Published in Subsidiary Legislation Supplement
on 11 Jan 2016

No. S 8

Casino Control Act

(CHAPTER 33A)

Casino Control
(Casino Licence and Fees) (Amendment)
Regulations 2016

In exercise of the powers conferred by section 200 of the Casino Control Act, the Casino Regulatory Authority of Singapore, with the approval of the Minister for Home Affairs, makes the following Regulations:

Citation and commencement

1.—(1) These Regulations are the Casino Control (Casino Licence and Fees) (Amendment) Regulations 2016 and, except for regulations 2 and 3(a), come into operation on 12 January 2016.

(2) Regulations 2 and 3(a) are deemed to have come into operation on 31 January 2013.

Amendment of regulation 3

2. Regulation 3 of the Casino Control (Casino Licence and Fees) Regulations 2009 (G.N. No. S 429/2009) (referred to in these Regulations as the principal Regulations) is amended by deleting “(h)” and substituting “(ha)”.

Amendment of regulation 6

3. Regulation 6 of the principal Regulations is amended —

(a)

by deleting the words “section 49(5)” in paragraph (1) and substituting the words “section 49A”; and

(b)

by deleting paragraphs (3) and (4) and substituting the following paragraphs:

“(3) If, during the term of a casino licence granted to or renewed for a casino operator (called in this regulation the first casino operator), another casino operator commences operation of another casino, the Authority may refund the first casino operator an amount computed in accordance with the formula:

where A

is —

(a)	$3.8 million if the first casino operator’s casino licence is granted or renewed before 15 January 2016; or

(b)	$4.4 million if the first casino operator’s casino licence is granted or renewed on or after 15 January 2016; and

is the number of days of the term remaining of the first casino operator’s casino licence when there are 2 casinos in operation.

(3A) Despite paragraph (3), the Authority may refuse to refund the first casino operator under that paragraph if the first casino operator did not pay the casino licence fee specified in the Schedule to operate the only casino, or an additional amount of casino licence fee under paragraph (4).

(4) Where there are 2 casinos in operation and one casino ceases its operation, the remaining casino operator must pay to the Authority an additional amount of casino licence fee computed in accordance with the formula:

where A

is —

(a)	$3.8 million if the remaining casino operator’s casino licence is granted or renewed before 15 January 2016; or

(b)	$4.4 million if the remaining casino operator’s casino licence is granted or renewed on or after 15 January 2016; and

is the number of days of the term remaining of the remaining casino operator’s casino licence when its casino is the only casino in operation.

(4A) A part of a day is to be treated as one day in calculating the number of days for the purposes of paragraphs (3) and (4).”.

Amendment of Schedule

4. The Schedule to the principal Regulations is amended by inserting, immediately after item 2, the following item:

“

2A.	Casino licence fee for a casino licence granted or renewed on or after 15 January 2016 —

(a)	to operate the only casino in operation

$26.4 million per annum

(b)	to operate one of 2 casinos in operation

$22 million per annum

”.

[G.N. No. S 609/2012]

Made on 5 January 2016.

LEE TZU YANG

Chairman,
Casino Regulatory Authority of Singapore.

[CRA 212.24.00023; AG/LEGIS/SL/33A/2015/2 Vol. 1]

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