DICJ definition

DICJ means the Direcção de Inspecção e Coordenação de Jogos (the Gaming Inspection and Coordination Bureau) of Macau.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

DICJ. Gaming Inspection and Coordination Bureau (“Direcção de Inspecção e “Director(s)” member(s) of the board of directors of the Company

DICJ the Macau Gaming Inspection and Coordination Bureau “Director(s)” the directors of the Company “▇▇. ▇▇▇” ▇▇. ▇▇▇ ▇▇▇ ▇▇▇, the executive Director and Chairman of the Company, and the ultimate legal and beneficial owner of Reach Luck

Examples of DICJ in a sentence

• Each party shall comply with all internal procedures adopted, instructions from the relevant authorities and all applicable Laws related with the prevention of money laundering, financing of terrorism and corruption, including the Minimum Internal Control Requirements or any other instructions issued and/or modified by the DICJ, as amended from time to time.

• MSC shall ensure that any required maintenance tasks are acted upon as soon as is reasonably practicable; provided, that, if required by applicable Law or by the direction of DICJ, Operator shall be responsible for maintenance of the Casino and/or the Gaming Assets in accordance with the Operating Standards and as Costs of Operations.

• Within thirty (30) days after the end of each calendar month, Operator shall furnish to MSC monthly verifiable financial statements in accordance with (i) GAAP and (ii) requirements of the Macau Government, including the DICJ and Macau taxation authorities covering the preceding month’s operations of the Casino, including operating statements, balance sheets, income statements, cash flow statements and statements reflecting the amounts computed to be distributed in accordance with Section 8.3.

• All such records shall be maintained by Operator so as to permit the preparation of financial statements in accordance with (i) GAAP; (ii) the requirements of the Macau Government, including the DICJ and Macau taxation authorities; and (iii) procedures to be mutually agreed upon by the parties.

• Any amendment to the articles of association of the concessionaire requires approval from the DICJ, under penalty of nullity.--------------------------------------------------------------------- ---Two.

• The operation of the concession is subject to the permanent supervision and inspection of the DICJ in accordance with the provisions of the applicable laws.---------------------------------- ---Five.

• Nevertheless, the DICJ may, at any time, request that models or samples of such equipment are presented.--------------------------------------------------------------------------------------- --Two.

• Internal audit services including, but not limited to: establishment and execution of a comprehensive internal audit program designed to audit internal controls and procedures across the business with a risk focus and to fulfill requirements of the DICJ and external audit.

• The concessionaire undertakes to accept and comply with the Government's determinations issued within the scope of the inspection and supervision powers, namely the DICJ instructions, including those relating to the eventual suspension of casino operations.-------- ---Four.

• The concessionaire undertakes to submit to the DICJ a certified true copy of the document that titles any amendment to its articles of association, within 30 days following its execution.-------------------------------------------------------------------------------------------------------- ---Four.

More Definitions of DICJ

DICJ means the Gaming Inspection and Coordination Bureau of Macau. Fee Amount has the meaning given to that term in paragraph (a)(ii) of Clause 6.1 (Further conditions precedent to the Fifth Effective Date).

DICJ significa a Direcção de Inspecção e Coordenação de Jogos;