(d) has, in connection with the conduct of those operations, all the functions of the operator; and (e) may employ such staff as may be required to S. 22(6)(e) inserted by operate the casino. No. 93/1993 s. 7(1)(b). (7) The regulations may make provision for or with respect to the functions of a manager appointed under this section. (8) The following provisions have effect in respect of S. 22(8) inserted by the net earnings of a casino while operations in the No. 93/1993 casino are being conducted by a manager under s. 7(2). this section— (a) subject to paragraph (b), no payment of net S. 22(8)(a) amended by earnings is to be made to the former casino No. 114/2003 operator without the prior approval of the s. 12.1.2 (Sch. 5 Commission; item 12). (b) the former casino operator is entitled to a fair rate of return out of net earnings (if any) on any property of the former casino operator retained by the manager; (c) the Commission may direct that all or any S. 22(8)(c) amended by part of net earnings (other than that referred No. 114/2003 to in paragraph (b)) must be paid into the s. 12.1.2 (Sch. 5 Consolidated Fund, with any balance to be item 12). paid to the former casino operator. Division 1—Directions, investigations etc.
(d) has, in connection with the conduct of those operations, all the functions of the operator; and S. 22(6)(e) inserted by No. 93/1993 s. 7(1)(b). (e) may employ such staff as may be required to operate the casino. (7) The regulations may make provision for or with respect to the functions of a manager appointed under this section. S. 22(8) inserted by No. 93/1993 s. 7(2). (8) The following provisions have effect in respect of the net earnings of a casino while operations in the casino are being conducted by a manager under this section— S. 22(8)(a) amended by No. 114/2003 s. 12.1.2 (Sch. 5 item 12). (a) subject to paragraph (b), no payment of net earnings is to be made to the former casino operator without the prior approval of the Commission; (b) the former casino operator is entitled to a fair rate of return out of net earnings (if any) on any property of the former casino operator retained by the manager; S. 22(8)(c) amended by No. 114/2003 s. 12.1.2 (Sch. 5 item 12). (c) the Commission may direct that all or any part of net earnings (other than that referred to in paragraph (b)) must be paid into the Consolidated Fund, with any balance to be paid to the former casino operator. Division 1—Directions, investigations etc.
91-47a093.docx