4.0 Transfer of Entitlements
Venue operators who wish to transfer gaming machine entitlements must advertise the availability of the entitlements on the VGCCC transfer market website except where:
1. transfer of the entitlement is integral to the sale of a gaming business;
2. the transfer is between venue operators who are ‘related bodies corporate’ under the Corporations Act 2001 (Commonwealth); or
3. is the subject of concluded negotiations for sale or is not intended to be entered into with an unrelated purchaser on the open market; or
4. in circumstances otherwise determined by the VGCCC.
Operators can advertise by other means also providing these do not involve, or attempt to involve, the completion of the transaction (e.g. eBay).
Negotiations around price between the two venue operators may take place in private.
Once a venue operator decides who to sell their entitlement to, they must apply to VGCCC through the transfer application form found on the Online gambling services portal.
The venue operator transferring the entitlements must pay the prescribed fee when applying.
For more information, please view the Gaming machine entitlements information sheet or Transfer of gaming machine entitlements information sheet on the Gaming machine entitlements page of the website.