s 130
In forceDealing with assets of non-proprietary entity
Chapter 3Control bodies managing their codes of racing
Part 5Provisions applying to licensed clubs
Division 4Provisions for licensed clubs that are non-proprietary entities
130 Dealing with assets of non-proprietary entity
A non-proprietary entity must not deal with an asset of the entity other than under—
(a)
a policy of the relevant control body; or
(b)
a written approval of the relevant control body, obtained before the dealing and relating to that asset.
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