Gambling Regulation Act 2024
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Determination by Authority of application for Business to Business gambling licence | ||
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126. (1) Subject to section 89 (2) and subsection (2), the Authority shall grant a Business to Business gambling licence where— | ||
(a) it is satisfied that— | ||
(i) the application complies with the requirements of section 125 , | ||
(ii) the proposed licensee, and, where applicable, each relevant officer and each beneficial owner, is a fit and proper person to hold the gambling licence concerned, and | ||
(iii) the financial information furnished with the application demonstrates the capacity of the proposed licensee to provide the gambling product or gambling related service, or both, which the proposed licensee wishes to sell or supply pursuant to the licence, | ||
and | ||
(b) where applicable, it has received such fee as may be prescribed by the Authority under section 38 . | ||
(2) A Business to Business gambling licence granted under this section— | ||
(a) shall specify each relevant gambling product or relevant gambling related service, or both, as the case may be, that the licensee may sell or supply pursuant to the licence, and | ||
(b) is granted subject to the conditions which apply to the licence concerned in accordance with Chapter 9. | ||
(3) The Authority shall refuse to grant a Business to Business gambling licence where— | ||
(a) it is not satisfied of any matter referred to in subsection (1)(a), or | ||
(b) it has not received the fee (if any) prescribed by the Authority under section 38 . | ||
(4) Where the Authority makes a decision under subsection (3) to refuse to grant a licence, it shall notify the person who made the application under section 125 and, if different, the proposed licensee, within 14 days of the date of the decision. | ||
(5) A notice under subsection (4) shall state— | ||
(a) the reasons for the decision, | ||
(b) that the proposed licensee is entitled to appeal against the decision of the Authority in accordance with Part 9 , and | ||
(c) the period within which such an appeal may be brought in accordance with that Part. |