PRIA, Government Policy, Made Personal

Variation of Casino Lease or Casino Management Agreement. (a) If in any case the parties to a casino lease or casino management agreement desire to vary its provisions, they shall make application to the Executive Director setting out the variations proposed and such other particulars as may be prescribed or as may be required by the Executive Director. (b) The Executive Director shall make a recommendation to the Commission with respect to the application. (c) The Commission, upon a consideration of the recommendation of the Executive Director and such other matters with respect to the application as it thinks fit, may: (1) approve the application; (2) refuse the application; or (3) defer a determination pending the submission of further information and the provisions of 10 CMC §§ 2541(b) and (c) shall apply to an application under this section in all respects as they apply to an application referred to 10 CMC § 2541. (d) The parties to the casino lease or casino management agreement may vary the casino lease or casino management agreement only where and the extent the variation is approved by the Commission. (e) The provisions of 10 CMC § 25146(d) shall be applicable to this section. Source: Tinian Local Initiative 1, § 22; amended by TLL 21-9, § 4 (§ 2542) (Mar. 30, 2020).