Harness Racing Victoria Fund and finances of Board
46 Harness Racing Victoria Fund and finances of Board
S. 46(1) amended by Nos 9671 s. 29 (as amended by No. 9902 s. 2(1)(Sch. item 217)), 16/2001 s. 28(Sch. item 11(a)).
The Board shall establish a fund to be called "Harness Racing Victoria Fund".
S. 46(2) amended by Nos 7899 s. 3(a), 24/2000 s. 12(2)(a).
There shall be paid into the said fund all moneys received by the Board, including fines under the rules, other than money required to be paid into the bookmaking development fund established by the Board in accordance with section 91C.
S. 46(3)(a) substituted by No. 7828 s. 4, amended by Nos 9388 s. 6(a), 9671 ss 29 (as amended by No. 9902 s. 2(1)(Sch. item 217)), 30, 16/2001 s. 28(Sch. item 11(b)), 45/2004 s. 7(a).
(a) Harness Racing Victoria Fund shall be applied by the Board to meet any expenses incurred by the Board in performing any functions under this or any other Act (including payments to members and officers of the Board) and, as the Board thinks fit, for the benefit and development of harness racing in Victoria and in particular without in any way limiting the generality of the foregoing—
S. 46(3)(a)(i) amended by No. 9671 s. 30.
for the benefit of harness racing clubs and persons engaged in training or driving or training and driving harness racing horses;
S. 46(3)(a)(ii) amended by No. 9671 s. 30.
for the provision and maintenance of facilities for the training of harness racing horses on land not owned or leased by the Board;
S. 46(3)(a)(iia) inserted by No. 45/2004 s. 7(b).
for consulting with harness racing industry participants;
S. 46(3)(a)(iib) inserted by No. 45/2004 s. 7(b).
for harness racing industry participants to participate in consultations with the Board;
S. 46(3)(a)(iii) amended by No. 9671 s. 30.
for making donations (being not more than $1000 in any one case) to charitable benevolent or other institutions in respect of harness racing meetings held for the purposes of such institutions and for the alleviation of distress and hardship occasioned by any public calamity disaster or unusual circumstances.
S. 46(3)(b) repealed by No. 9146 s. 5.
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S. 46(3A) inserted by No. 9388 s. 6(b), amended by No. 49/1987 s. 16, repealed by No. 37/1994 s. 187.
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S. 46(4) amended by No. 9671 s. 30.
Any surplus of the said fund may be applied at the discretion of the Board for the benefit of harness racing clubs.
S. 46(5) substituted by No. 7899 s. 3(b), amended by No. 9671 s. 32 (as amended by No. 9902 s. 2(1)(Sch. item 218)), repealed by No. 37/1994 s. 187.
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S. 46(6) repealed by No. 7899 s. 3(b), new s. 46(6) inserted by No. 9671 s. 27, amended by No. 9671 s. 29, repealed by No. 37/1994 s. 187.
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S. 46(7) amended by No. 7621 s. 2, repealed by No. 7899 s. 3(b).
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S. 47 repealed.[7]
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No. 6092 ss 4, 5.
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