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Gambling Regulation Amendment (Racing Club Venue Operator Licences) Bill 2009 Introduction Print EXPLANATORY MEMORANDUM Clause Notes Clause 1 sets out the purpose of the Bill. The purpose of the Bill is to amend the Gambling Regulation Act 2003 ("the Principal Act") to provide for certain transitional arrangements that will apply to venue operator licences held by specified racing clubs. Clause 2 sets out when the provisions of the Act come into operation. The Act comes into operation on the day after the day on which the Act receives the Royal Assent. Clause 3 inserts new clause 22.1AC in Part 22 of Schedule 7 to the Principal Act. New clause 22.1AC is a transitional provision that applies to Cranbourne Sports and Entertainment Centre Pty Ltd, Greyhound Promotions Pty Ltd, Horsham Racing Centre Pty Ltd and HRV Management Ltd. Subclause (1) sets out definitions of club requirements, commencement day, disqualifying restructuring event and new industry arrangements day for the purposes of the section. Subclause (2) specifies the companies covered by the clause. Subclause (3) provides that on the commencement day, a venue operator's licence held by a company specified in subclause (2) is taken to be a club venue operator's licence. Subclause (4) provides that, if at any time before the new industry arrangements day, a disqualifying restructuring event occurs in relation to one of the specified companies, then the club venue operator's licence held by that company is taken to be a hotel venue operator's licence on the day that event takes effect. 561448 1 BILL LC INTRODUCTION 13/10/2009
Subclause (5) provides that, if on the new industry arrangements day, a specified company does not meet the club requirements then the club venue operator's licence held by that company is taken to be a hotel venue operator's licence. Subclause (6) provides that subclauses (3) to (5) apply despite anything to the contrary in the Act. Clause 4 provides for the automatic repeal of the Act on the first anniversary of its commencement. The repeal of the Act does not affect in any way the operation of the amendments made by the Act (see section 15(1) of the Interpretation of Legislation Act 1984). 2