Proposed Advisory on 3rd party agreements

Proposed Advisory on 3rd party agreements
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A proposed Advisory on 3rd party agreements with licensees was submitted to the Members of the Authority for their consideration at the August 20, 2019 Full Board meeting. The proposed Advisory is intended to provide guidance to the industry in situations such as leases, management agreements and other arrangements where a third party is sharing in a licensee’s profits. The proposed Advisory can be viewed here 

At the August 20th meeting, the Members of the Authority decided to hold the matter over until the October 2, 2019 Full Board meeting to provide time for written comments on the proposal.  Written comments must be received by Friday, September 27th and may be submitted via email to: [email protected]