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Version status: Not yet in force | Document consolidation status: No known changes
Version date: 23 October 2024 - onwards

136. Regulations: Segregated Customer Accounts

The Authority may, for the purposes of section 135 and the operation of Segregated Customer Accounts by licensees, by regulations do any or all of the following:

(a) specify the type of account licensees may open at a regulated financial services provider for the Account;

(b) specify a category of Business to Consumer gambling licence or a relevant gambling activity which is the subject of such a licence, or both, in respect of which a licensee of that licence is not required to open and maintain the Account;

(c) specify, for the purposes of section 135(3)(d), when a licensee may access relevant funds;

(d) specify the accounting records to be maintained by a licensee in relation to the Account including information as to relevant funds received, held, controlled or paid out by the licensee;

(e) specify the minimum period or periods for which the accounting records referred to in paragraph (d) shall be retained by a licensee;