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September 5, 2008

ATMs and Cash Facilities in Licensed Venues Bill 2008

Independent Senator N Xenophon has introduced the ATMs and Cash Facilities in Licensed Venues Bill 2008 into the Senate.

If passed it would prevent any financial institution, constitutional corporation and person, body corporate or corporation that uses an eligible communications service to provide cash facilities from installing or operating an automatic teller machine or other cash facility, or allow an automatic teller machine or other cash facility to be installed or operated on its behalf, at a licensed venue that allows a cardholder to obtain cash by means of that automatic teller machine or cash facility. The bill extends to private and franchised ATM operators.

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Posted 5th September 2008 by David Jacobson in Legal