Western Australian Repealed Regulations

This legislation has been repealed.

GREYHOUND RACING TOTALISATOR (DISTRIBUTION AND RACECOURSE DEVELOPMENT) REGULATIONS 1981 - REG 3

3 .         Disbursement of moneys received from T.A.B.

        (1)         Subject to subregulation (2) when moneys are received by the Association from the Totalisator Agency Board, the Association shall resolve that such moneys be utilised, and from time to time disbursed — 

            (a)         for the performance of the functions of the Association under the Act;

            (b)         for the purpose of payments to registered greyhound clubs;

            (c)         for the development of greyhound racing grounds; and

            (d)         for any other special purpose approved by the Association.

        (2)         Of the moneys received from the Totalisator Agency Board in respect of greyhound racing conducted in the financial year commencing on 1 August 1981 or in any financial year thereafter the Association may retain for utilisation and disbursement under paragraphs (a), (c) and (d) of subregulation (1) — 

            (a)         100 per cent of the portion of those moneys that is derived from greyhound racing conducted by the Association;

            (b)         65 per cent of the portion of those moneys that is derived from greyhound racing conducted by registered greyhound racing clubs.

        (3)         In the event of any other moneys being received from the Totalisator Agency Board in respect of a financial year referred to in subregulation (2) the Association may retain 65 per cent of those moneys for utilisation and disbursement under paragraphs (a), (c) and (d) of subregulation (1).