W. Va. Code R. § 179-8-74

Current through Register Vol. XLI, No. 43, October 25, 2024

Section 179-8-74 - Destruction of Counterfeit Chips

74.1. The following provisions apply to the destruction of counterfeit chips and tokens:

74.1.a. The casino licensee shall notify the Commission and the Director, by telephone and also in writing, immediately upon the discovery of a counterfeit chip or chips that results in a loss of more than one thousand dollars to the licensee;

74.1.b. The Commission may take possession of the counterfeit chips to aid the State Police in a criminal investigation; and

74.1.c. The Commission shall determine the disposition of any counterfeit chip including, but not limited to, destruction of a counterfeit chip in accordance with this rule.

74.2. The following provisions apply to the destruction of counterfeit chips:

74.2.a. Unless the Commission or a law enforcement officer instructs in writing, or a court of competent jurisdiction orders otherwise in a particular case, the casino licensee shall destroy or otherwise dispose of counterfeit chips discovered in the casino in a manner approved by the Commission; and

74.2.b. The casino licensee shall notify the Commission, in writing, not less than thirty days before counterfeit chips are destroyed. The casino licensee shall notify the Commission of all of the following information:

74.2.b.1. The number and denominations, actual and purported, of the counterfeit chips destroyed or otherwise disposed of under this rule;

74.2.b.2. The date on which the counterfeit chips were discovered;

74.2.b.3. The date, place, and method of destruction or other disposition, including, in the case of foreign coin exchanges, the exchange rate and the identity of the bank, exchange company, or other business or person at which, or with whom, the coins are exchanged;

74.2.b.4. The names of the occupational licensees carrying out the destruction or other disposition on behalf of the casino licensee; and

74.2.b.5. Any information considered necessary by the Commission to ensure compliance with the Act and this rule.

74.3. Unless otherwise approved by the Commission, not less than two people, one of whom is an agent of the West Virginia Lottery, shall be present when the counterfeit chips are destroyed.

W. Va. Code R. § 179-8-74