Acts and Regulations

G-1.5 - Gaming Control Act

Section 66
Disposition versions

Full text
Freeze orders
66(1)The Registrar may order a person who holds money or other assets on behalf of another person to retain the money or assets if
(a) an individual makes a statutory declaration to the Registrar in which the individual alleges, setting out facts supporting the allegation, that the person on whose behalf the money or assets are held,
(i) has violated, is violating or is about to violate this Act or the regulations,
(ii) is subject to criminal proceedings or proceedings in relation to a violation of any Act that are connected with or arise out of doing things for which registration is required under this Act, or
(iii) is the subject of an investigation under this Act, and
(b) the Registrar, based on the statutory declaration, finds reasonable grounds to believe that the interests of the person on whose behalf the money or assets are held require protection.
66(2)Where the Registrar believes on reasonable grounds that it is advisable to make an order to ensure that a licensee uses money or assets in accordance with the terms and conditions of a licence, the Registrar may
(a) order the licensee who holds the money or assets, or the person who holds the money or assets of the licensee on behalf of the licensee, to retain the money or assets so held, or
(b) order the licensee to refrain from withdrawing the money or assets that another person holds on behalf of the licensee.
66(3)An order made under this section takes effect immediately upon being served on the person against whom it is made.
66(4)An order made against a bank, a loan or trust company or other financial institution applies only to the office, branch or agency named in the order.
66(5)A person ordered to hold money or assets under this section shall hold the money or assets in trust for the beneficial owner until the Registrar revokes or varies the order or the court makes an order under section 67.
66(6)The Registrar may vary or revoke an order made under this section and may require that the person, whose money or assets are subject to the order, file with the Registrar a form of security acceptable to the Registrar in an amount acceptable to the Registrar.
2021, c.22, s.31
Freeze orders
66(1)The Registrar may order a person who holds money or other assets on behalf of another person to retain the money or assets if
(a) an individual makes a statutory declaration to the Registrar in which the individual alleges, setting out facts supporting the allegation, that the person on whose behalf the money or assets are held,
(i) has violated, is violating or is about to violate this Act or the regulations,
(ii) is subject to criminal proceedings or proceedings in relation to a violation of any Act that are connected with or arise out of doing things for which registration is required under this Act, or
(iii) is the subject of an investigation under this Act, and
(b) the Registrar, based on the statutory declaration, finds reasonable grounds to believe that the interests of the person on whose behalf the money or assets are held require protection.
66(2)Where the Registrar believes on reasonable grounds that it is advisable to make an order to ensure that a licensee uses money or assets in accordance with the terms of a licence, the Registrar may
(a) order the licensee who holds the money or assets, or the person who holds the money or assets of the licensee on behalf of the licensee, to retain the money or assets so held, or
(b) order the licensee to refrain from withdrawing the money or assets that another person holds on behalf of the licensee.
66(3)An order made under this section takes effect immediately upon being served on the person against whom it is made.
66(4)An order made against a bank, a loan or trust company or other financial institution applies only to the office, branch or agency named in the order.
66(5)A person ordered to hold money or assets under this section shall hold the money or assets in trust for the beneficial owner until the Registrar revokes or varies the order or the court makes an order under section 67.
66(6)The Registrar may vary or revoke an order made under this section and may require that the person, whose money or assets are subject to the order, file with the Registrar a form of security acceptable to the Registrar in an amount acceptable to the Registrar.
Freeze orders
66(1)The Registrar may order a person who holds money or other assets on behalf of another person to retain the money or assets if
(a) an individual makes a statutory declaration to the Registrar in which the individual alleges, setting out facts supporting the allegation, that the person on whose behalf the money or assets are held,
(i) has violated, is violating or is about to violate this Act or the regulations,
(ii) is subject to criminal proceedings or proceedings in relation to a violation of any Act that are connected with or arise out of doing things for which registration is required under this Act, or
(iii) is the subject of an investigation under this Act, and
(b) the Registrar, based on the statutory declaration, finds reasonable grounds to believe that the interests of the person on whose behalf the money or assets are held require protection.
66(2)Where the Registrar believes on reasonable grounds that it is advisable to make an order to ensure that a licensee uses money or assets in accordance with the terms of a licence, the Registrar may
(a) order the licensee who holds the money or assets, or the person who holds the money or assets of the licensee on behalf of the licensee, to retain the money or assets so held, or
(b) order the licensee to refrain from withdrawing the money or assets that another person holds on behalf of the licensee.
66(3)An order made under this section takes effect immediately upon being served on the person against whom it is made.
66(4)An order made against a bank, a loan or trust company or other financial institution applies only to the office, branch or agency named in the order.
66(5)A person ordered to hold money or assets under this section shall hold the money or assets in trust for the beneficial owner until the Registrar revokes or varies the order or the court makes an order under section 67.
66(6)The Registrar may vary or revoke an order made under this section and may require that the person, whose money or assets are subject to the order, file with the Registrar a form of security acceptable to the Registrar in an amount acceptable to the Registrar.