Section 27A
Power to license promotion and organization of gaming by a company
of Common Gaming Houses Act 1953
Notwithstanding this Act or the Betting Act 1953
[Act 495] or any other law relating to gaming, betting or lotteries, the Minister of Finance may, in his discretion, by licence authorize a company registered under the Companies Act 1965 [Act 125], other than a foreign company as defined in subsection 4(1) of that
Act, to promote and organize gaming—
(a)
in respect of such game or games;
(b)
on such premises;
(c)
subject to the payment of such fees and duties; and
(d)
subject to such other terms and conditions;
as may be specified in the licence, for a period not exceeding three months; and any licence so issued may, in his discretion, be renewed by the Minister of Finance, from time to time, for periods of not more than three months each, and in making any such renewal the
Minister of Finance may amend, add to or delete from any of the provisions of, or any of the fees and duties payable in respect of, or any of the terms and conditions of, the earlier licence.
(2)
The Minister of Finance may, in his discretion, at any time, revoke any licence issued or renewed under subsection (1), or amend, add to or delete from any of the provisions of, or any of the fees and duties payable in respect of, or any of the terms and conditions of, any such licence.
(3)
Any person who contravenes or fails to comply with any of the provisions or terms and conditions of a licence issued or renewed under subsection (1) shall be guilty of an offence and shall, on conviction, be liable to a fine not exceeding fifty thousand ringgit or imprisonment for a term not exceeding seven years or both.
(4)
The provision of the Betting and Sweepstake Duties Act 1948 [Act 201] shall not apply to the fees and duties payable in respect of a licence issued or renewed under subsection (1), save that section 5 of the said Act shall apply mutatis mutandis to such fees and duties.