1. As used in this section:
(a) "Governing body" includes the governing body of a political subdivision of this State and every authority composed of representatives of those bodies.
(b) "Public transportation facility" means an airport, marina, bus terminal or train station owned and operated by a governing body.
2. The Commission may exempt a governing body, which leases a portion of a public transportation facility for the operation of slot machines only, from the provisions of NRS 463.160, 463.162, 463.167 and 463.170, and the regulations of the Commission relating to gaming if:
(a) The lessee who is operating the slot machines complies with all applicable federal, state and local licensing and registration requirements; and
(b) The terms of the lease provide for the immediate termination of the lease upon the revocation of any license or registration necessary to operate the slot machines.
3. The Commission may grant, deny, limit, condition, suspend or revoke any exemption or any application for an exemption.
4. The grant of an exemption under this section does not create any vested rights.
(Added to NRS by 1981, 1071)