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AI Summary of 114. Determination by Authority of application for Business to Consumer gambling licence
The Authority must grant a gambling licence under sections 112 or 113 where it is satisfied that the application meets the statutory requirements; the financial information demonstrates capacity to provide the activity and to fund winnings from lawful sources; the proposed licensee and, where relevant, officers and beneficial owners are fit and proper; where section 96(1)(h)(i) applies and the premises are not relevant, the Authority has made a suitability determination under section 99; section 102/103 requirements are met where applicable; and the prescribed fee under section 38 is received.
A licence must specify the permitted betting activities, games or lottery and, where relevant, the number of gaming machines and premises determined under section 99; it may specify child admission (section 100) and ATMs (section 101) and is subject to Chapter 9 conditions. The Authority must refuse where it is not satisfied as to the matters above, where a premises is determined unsuitable, where section 103 matters are unmet, or where the fee is unpaid. Decisions to refuse or to grant a limited licence must be notified in writing within 14 days, stating reasons, appeal rights under Part 9 and the appeal period.
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114. Determination by Authority of application for Business to Consumer gambling licence
(1) Subject to subsections (2) and (3), the Authority shall grant a gambling licence sought under section 112 or 113, as the case may be -
(a) where it is satisfied -
(i) the application complies with the requirements of the section concerned,
(ii) the financial information furnished with the application demonstrates -
(I) the capacity of the proposed licensee to provide the gambling activity or activities sought to be licensed and to fund winnings, and
(II) that the winnings will be funded from lawful activities, and
(iii) 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,
(b) where section 96(1)(h)(i) applies in respect of a premises that is not a relevant premises, the Authority has made a determination under section 99 that the premises where it is proposed to provide a gambling activity is suitable for use for that activity,