Victorian Current Acts Victorian Current ActsPreamble
The Chairman of the committee of the Victoria Racing Club (and his or her successors), on behalf of the Victoria Racing Club, was, by operation of The Victoria Racing Club Act 1871 and The Victoria Racing Club Act 1956 , granted a Crown lease of land at Flemington to be used for the purpose of a public racecourse.
Victoria Racing Club Limited A.C.N. 119 214 078 was incorporated under the Corporations Act on 10 April 2006.
It is expedient to provide for Victoria Racing Club Limited to be the lessee under the Crown lease and to be responsible for the management of the public racecourse and the leased land in place of the Chairman of the committee of the Victoria Racing Club.
It is also expedient to provide for the transfer of all other property, rights and liabilities held by the Victoria Racing Club or the Chairman on behalf of the Victoria Racing Club to Victoria Racing Club Limited.
The Parliament of Victoria therefore enacts as follows: