(1) Section 50(2)(c) is amended—
(a) by omitting “risks” and substituting “risk”; and
“risks”
“risk”
(b) by inserting “corporate” after “including the”.
“corporate”
“including the”
(2) Section 50(2) is amended by inserting the following paragraph after paragraph (d):
“(da) in the case of an applicant that proposes to apply some or all of its net proceeds from the class 4 gambling to an authorised purpose, information to assist the Secretary to determine whether the applicant meets the requirements of section 52A(1); and”.
(3) Section 50(2)(e) is amended by omitting “operates mainly to distribute” and substituting “mainly or wholly distributes”.
“operates mainly to distribute”
“mainly or wholly distributes”
(4) Section 50(2)(f) is amended by omitting “class 4 gambling, history in gambling” and substituting “conducting class 4 gambling”.
“class 4 gambling, history in gambling”
“conducting class 4 gambling”