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Contents

Part III · Licensing of Gambling and Certificate of Registration of Premises

29. Suspension of a licence or certificate of registration of premises

Official English translation. The Sinhala text prevails. Open the official Sinhala text, official PDF on documents.gov.lk

(1)

A licence or certificate of registration of premises issued under section 16 or 17 may be suspended by the

Authority, where-

(a)

it becomes necessary in order to implement any protective measures adopted in consequence of a determination made by the Board;

(b)

the licensee has been charged for the commission of an offence under this Act or any regulations made thereunder; or

(c)

the licensee has contravened any provisions of this Act, the Betting and Gaming Levy

Act,No.40 of 1988, the Prevention of Money

Laundering Act, No. 5 of 2006, the Convention on the Suppression of Terrorist Financing Act,

No. 25 of 2005, the Financial Transactions

Reporting Act, No. 6 of 2006 or the Inland

Revenue Act, No. 24 of 2017 or the Foreign

Exchange Act, No. 12 of 2017 or regulations, rules, or orders or directions made or issued under those Acts and the severity of such contravention does not warrant a cancellation of the licence.

(2)

The Director-General shall, prior to a suspension of a licence or certificate of registration of premises under paragraph (c) of subsection (1) in relation to a conviction under the provisions of-

(a)

the Betting and Gaming Levy Act, No. 40 of 1988, the Prevention of Money Laundering

Act, No. 5 of 2006, the Convention on the

Suppression of Terrorist Financing Act, No. 25

of 2005, the Financial Transactions Reporting

Act, No. 6 of 2006 or the Inland Revenue

Act, No. 24 of 2017 or regulations, rules, or orders or directions made or issued under those

Acts, consult the Financial Intelligence Unit established under the provisions of the Financial

Transactions Reporting Act, No. 6 of 2006; and

(b)

the Foreign Exchange Act, No. 12 of 2017 or regulations, rules, orders or directions made or issued thereunder, consult the Central Bank of

Sri Lanka established under the provisions of the Central Bank of Sri Lanka Act, No. 16 of 2023.

(3)

Where a licence or certificate of registration of premises is suspended under paragraph (a) of subsection (1), the licensee shall be entitled to a pro rata refund of the fee paid by him for the issue of the licence or certificate of registration of premises.

Part IV

Fund of the Authority

Part V

Chief Executive Officer and Staff of the Authority

Part VI

Offences

Part VII

General Provisions