We approve applicants to be included on the Roll of Manufacturers, Suppliers and Testers (the Roll).
Financial institutions listing on the Roll
In Victoria, it is not a requirement for a financier providing finance to a venue operator to be listed on the Roll.
A financier is able to provide financial loans to venue operators:
- for the purchase of a poker machine (also known as gaming machine)
- to register a security against the poker machine.
This can be done as long as the financier:
- doesn't own the poker machine
- isn't supplying it to the venue operator.
Poker machines as security against a loan
If a venue operator fails to make payment on a financial loan, the financier can take possession of the poker machine and sell it in Victoria. A financier can do this legally if:
- the financier only sells the electronic poker machine to someone else who is an approved venue operator.
Hire purchase or lease finance plans with venue operators
A financier is considered to be the owner of the poker machines if they enter into a hire purchase or lease arrangement with a venue operator.
Venue operators unable to make loan payment
Should the venue operator be unable to make payment of the loan, we may be requested to change the name of the venue operator. This can be done by the:
- official receiver
- trustee
- assignee of the venue operator who becomes bankrupt, or
- person externally administering a venue operator.
Agreements with venue operators based on poker machine revenue
Under the Gambling Regulation Act 2003(opens in a new window), financiers and venue operators must not enter into, or be part of, a prohibited venue agreement. A prohibited venue agreement is an arrangement or understanding between a venue operator and another person, under which the venue operator provides a specific amount from poker machine revenue earned by the venue operator.
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