Commercial arrangements with racing bodies
14 Commercial arrangements with racing bodies
Each controlling body has such additional powers, authorities, duties and functions as may be necessary or convenient for enabling it to enter into and perform its obligations under the following arrangements—
commercial arrangements for facilitating the conduct of totalizator betting and other betting activities authorised by this Act and arrangements ancillary to those arrangements,
commercial arrangements referred to in sections 200D(2A) and 207(2A) of the Liquor Act 1982 and section 140(2A) of the Registered Clubs Act 1976,
arrangements for the giving of financial assistance and support to the racing industry or individual racing clubs, and arrangements ancillary to those arrangements,
arrangements for the distribution of moneys payable under the arrangements referred to in paragraphs (a) and (b),
arrangements with the State in connection with the restructuring and reorganisation of the racing industry consequent on the enactment of this Act and the Totalizator Agency Board Privatisation Act 1997.
This Act’s bill:Explanatory memorandumSecond reading speech
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