Victorian Current Acts

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VICTORIA AMATEUR TURF CLUB (INCORPORATING THE MELBOURNE RACING CLUB) ACT 1963 - SECT 8

Application of income and property

The income and property of the club, whencesoever derived, shall be applied solely towards the promotion of the objects of the club and no portion thereof shall be paid or transferred directly or indirectly by way of dividend bonus or otherwise howsoever by way of profit to members of the club.



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