The Tapanui Racing Club, or board of persons who hold or conduct race meetings upon any portion of Section 62, Block XIII, Glenkenich Survey District, shall be deemed for all purposes to be the owner of such portion during the continuance of any such race meeting held thereon, and shall have power to make a by-law providing that no bookmaker or bookmaker's clerk, or professional gambler, or undesirable person shall be admitted to or suffered to remain on the racecourse while any race meeting is being held, and to give authority to any of their officers or employees to prevent any such person, or any person believed by them to be such, from coming to the course, or, if found thereon, to remove them or cause them to be removed:
Provided that the leave and license of the Council of the Borough of Tapanui to hold any such race meeting thereon shall have been first had and obtained.