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Cap. 400 · cap/400 (Cap. 400)

Cap. 400 Art. 35Cheques.

PART VI

En vigueurTexte officiel

(1) Subject to any regulation made by the Minister or any directive that may be issued by the Authority, a casino licensee or any person acting on his behalf or under any arrangement with him may, if he has reasonable grounds to believe that a cheque will be honoured upon presentation, accept a cheque and give in exchange for it cash or tokens for enabling such person to take part in the gaming as long as -

(a) the cheque is not a post-dated cheque; and

(b) the cheque is exchanged either for cash to an amount equal to the amount for which it is drawn, or it is exchanged for tokens at the same rate as would apply if cash, to the amount for which the cheque is drawn, were given in exchange for them.

(2) Where the conditions set out in subarticle (1) are fulfilled, the giving of cash or tokens in exchange for a cheque shall not be deemed to be contrary to the provisions of article 33.

(3) Where the casino licensee or a person acting on his behalf or under any arrangement with the licensee, accepts a cheque in exchange for cash or tokens to be used by a player in gaming, he shall, not more than two banking days later, cause the cheque to be delivered to a bank for payment or collection.