N.J. Admin. Code § 13:69C-2.5
Current through Register Vol. 56, No. 21, November 4, 2024
Section 13:69C-2.5 - Notification concerning certain new qualifiers of holding companies and new qualifying entities(a) A casino licensee or applicant shall immediately notify the Division if the casino licensee or applicant becomes aware that, with regard to any holding company of the casino licensee or applicant, any person has acquired: 1. Five percent or more of any class of equity securities;2. The ability to control the holding company; or3. The ability to elect one or more directors of the holding company.(b) If any holding company of a casino licensee or applicant either files or is served with any Schedule 13D, Schedule 13G or Form 13F filing under the Securities Exchange Act of 1934, copies of any such filing shall be immediately submitted to the Division by the casino licensee or applicant or the holding company.(c) If any new entity is formed in the organizational structure of any casino licensee or applicant which would be a holding company, an intermediary company, an entity qualifier, or a subsidiary of the casino licensee or applicant, the casino licensee or applicant or such affiliate shall immediately notify the Division.(d) Notice pursuant to (a), (b) and (c) above shall be addressed to the Intake Unit, attention Casino Licensing Bureau, of the Division at its address set forth in 13:69-3.5(a) and, in the instance of an applicant, with a copy, either printed or electronic, to the Commission at its address set forth in 13:69-3.5(a). N.J. Admin. Code § 13:69C-2.5
Amended by 50 N.J.R. 599(a), effective 1/16/2018