Western Australian Repealed Regulations

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This legislation has been repealed.

GREYHOUND RACING TOTALISATOR (DISTRIBUTION AND RACECOURSE DEVELOPMENT) REGULATIONS 1981 - REG 10

10 .         Approval required for certain expenditure

        (1)         Where in the opinion of the Association a greyhound racing club has incurred excessive capital expenditure and — 

            (a)         the club has not obtained the approval of the Association to such expenditure, (which approval may be given subject to such conditions, limitations and restrictions as the Association thinks fit); or

            (b)         the club can not meet that expenditure from the current assets of the club without borrowing additional funds,

                the Association may modify any scheme or proposed disbursement so as to exclude that club, wholly or partially, from participating in the distribution of moneys received by the Association.

        (2)         Subregulation (1) shall not apply where the capital expenditure incurred by the club does not exceed $2 000 in relation to any one matter.



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