A person is taken to have a financial interest if they are entitled to receive any income derived from the business carried on under the authority of the hotelier's licence or any other financial benefit or financial advantage from the carrying on of the business. In such cases, applicants must demonstrate to the Board that the proposed transfer is supported by each person who has a financial interest in the hotelier’s licence. poker machine entitlements can be transferred separately from one hotelier's licence to another, with the approval of the Liquor Administration Board.
If a hotelier's licence is sold, the poker machine entitlements will usually travel with the licence Ģ. poker machine entitlements cannot exist separately to a hotelier's licence. Poker machine entitlements are capable of being held and transferred.ġ. As such, lenders often require poker machine entitlements to be taken as security.Ĭan Poker Machine Entitlements be Transferred Separately From a Hotelier's Licence? Poker machines entitlements are extremely valuable. A Poker Machine Entitlement is the Right to Install and Operate a Poker Machine in a Club or Hotel.
