This legislation has been repealed.
The profits arising
from any such sports or gatherings, or from any such sale as aforesaid, shall
be devoted by the Board exclusively to the maintenance, management, and
improvement of the lands and premises under the control of the Board, and the
incidental expenses incurred by the Board in the transaction of its affairs.
[S. 47 (1, m).]
BOARD MAY RAISE MONEYS BY MORTGAGE