New South Wales Consolidated Acts
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AUSTRALIAN JOCKEY AND SYDNEY TURF CLUBS MERGER ACT 2010
- As at 31 October 2018
- Act 93 of 2010
TABLE OF PROVISIONS
Long Title
PART 1 - PRELIMINARY
1. Name of Act
2. Commencement
3. Objects of Act
4. Interpretation
5. Mandatory corporate governance provisions
PART 2 - MERGER OF AJC AND STC
Division 1 - Establishment of merged racing club
6. Inclusion of mandatory corporate governance provisions in constitution of proposed merged racing club
7. Financial arrangements for racecourse improvements
8. Recognition of merger
9. Alteration of mandatory corporate governance provisions of merged racing club constitution
10. Appointment of directors of merged racing club
Division 2 - Transfer of business undertakings and employees of AJC and STC to merged racing club
11. Operation of Division
12. Interpretation
13. Vesting of assets in merged racing club
14. Transfer of transferable regulatory authorisations
15. Transferable rights and liabilities become those of merged racing club
16. Updating of certain references to AJC or STC and transfer of contractual rights and obligations
17. Proceedings against AJC or STC may be taken against merged racing club
18. Acts or omissions of AJC or STC taken to be those of merged racing club
19. Assets, rights and liabilities outside of the State
20. Cessation of certain personal rights and liabilities of officers of AJC or STC
21. Potential entitlements and obligations also transferred
22. Employees of AJC or STC become employees of merged racing club
23. Sale or disposal of racing infrastructure of racecourses prohibited during 10-year moratorium period
24. Status of AJC and STC on and after merger finalisation day
25. Certification to registration authorities
26. No compensation payable
27. Confirmation of operation of this Division
PART 2A - RANDWICK RACECOURSE TRUST
27A. Constitution of the Trust
27B. Appointment of Trustees
27C. Principal function of Trust
27D. Sale, mortgage or disposal of Randwick Racecourse generally prohibited
27E. Liability of Trust and Trustees
27F. Delegation by the Trust
PART 3 - OPERATION OF RANDWICK RACECOURSE AND OTHER RACECOURSES
Division 1 - Functions of merged racing club in relation to Randwick Racecourse
28. Merged racing club has functions while lessee
29. Functions of merged racing club in relation to Randwick Racecourse
30. Use of Randwick Racecourse for additional activities
31. Maintenance and erection of buildings and improvements
Division 2 - Leasing of Randwick Racecourse
32. (Repealed)
33. Further lease of Randwick Racecourse
34. Authorisation of matters relating to leases over Randwick Racecourse
Division 3 - Use of racecourses operated by merged racing club
35. Application of Division
36. By-laws
37. Exclusion of persons from applicable racecourse
38. Trespass on applicable racecourse
PART 4 - MISCELLANEOUS
39. Existing clubs legislation ceases to have effect on merger finalisation day
40. Relationship of Act with other racing legislation
41. Act to bind State and other jurisdictions
42. Extraterritorial operation of Act
43. Effect of this Act on contracts, instruments and related matters
44. Displacement and exclusion of Corporations legislation
45. Exemption from State tax
46. Giving or service of documents
47. Regulations
48. Nature of proceedings for offences
49. Review of Act
SCHEDULE 1
SCHEDULE 2
SCHEDULE 3
SCHEDULE 4
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