The Trustees having the control of any reserve set apart as a recreation ground,—

May lease the reserve for any period not exceeding three years for the purpose of having the same fenced in or laid down in artificial grass:

May enclose the reserve or any part thereof which it may at any time be found necessary or desirable to plant, improve, or lay down in artificial grasses, or to renew such grasses; and

May prohibit the public from entering upon or encroaching on any part of the reserve so planted or laid down; but otherwise may not make any disposition of the reserve whereby the public shall be excluded from the free access thereto, except on certain days, not exceeding ten in any year, as hereinafter mentioned:

May prescribe, as to not more than ten days in any year, as they shall think fit, which shall not be one or other of the days mentioned in the Schedule, that the public shall not be entitled to have admission to the reserve, or to any part thereof set apart for a particular purpose, unless upon payment of a charge as hereinafter mentioned:

May grant the exclusive use of the reserve, or any part thereof, on any one or more of the aforesaid ten days, but not for more than three days consecutively at any time, to any person, body, or society (incorporate or not) for the purpose of particular sports, games, or other recreation, With authority for such person, body, or society to demand a fee or charge for admission on such day or days to the reserve or part thereof so granted, not in any case exceeding for each day one shilling for each person, with an extra shilling for every horse or vehicle which he may desire to take with him, unless such person desires to obtain admission to the stand hereinafter mentioned, in which case an additional fee or charge not exceeding ten shillings, may be imposed prior to his obtaining admission to such stand:

May erect or authorize any person, body, or society (incorporate or not) to erect upon some portion of the reserve buildings for ornamental purposes, or a stand or pavilion, upon such terms as to plans, size, situation, custody, and otherwise, in all respects as the Trustees shall determine; and may appoint the mode and price of admission to any such stand or pavilion on any of the days hereinbefore mentioned.

May prescribe the games which shall be permitted to be played in the reserve or any part thereof, and regulate the use of the reserve for such games; and may prohibit the playing of any games at times when the reserve would be thereby damaged, and prohibit altogether the playing of any particular game therein:

May, from time to time, make, alter, or revoke by-laws or regulations for the management of the reserve and for the preservation of order thereon; all which by-laws or regulations shall be publicly notified by advertisement in some newspaper circulating in the district, and by being posted on some conspicuous place in the reserve, so that they may be easily read.

No person shall be required to pay any fee or charge for admission on any day when the reserve or any part thereof is especially set apart as aforesaid, unless public notice of the reserve being set apart on such day, and of the prices to be charged for admission thereto or to the stand, has been advertised in some newspaper circulating in the district where the reserve is situate twice a week at least for two successive weeks prior to the said day.

Any person who shall enter the said reserve or stand upon any such day so fixed without having paid the fee or charge advertised shall be liable to a penalty of not more than twenty shillings, which may be recovered in a summary way.

The Trustees having the control of any racecourse reserve may, from time to time, make, alter, and revoke regulations,—

For regulating their own proceedings;

For excluding the public from such parts of the reserve as it may be found necessary and desirable to plant, improve, or lay dawn in artificial grasses;

For prescribing the conditions on which the public shall be permitted to have access to the racecourse upon any day when the same shall be used for racing purposes, and for regulating the price for admission of persons to the reserve or to any stand erected thereon, and for the admission of horses and vehicles to the racecourse on such occasions;

For appointing the terms, conditions, and dates on which the racecourse may be from time to time used by any racing or jockey club as hereinafter provided;

For regulating the charges that may be made for the occupation of the racecourse for the erection of booths or stalls for the sale of refreshments, merchandise, goods, or chattels;

For the preservation of order on the racecourse during race meetings.

The racecourse, subject to the Trustees, shall be available to any racing or jockey club for the purpose of holding race meetings, upon such terms and conditions as shall from time to time be publicly advertised by the Trustees, and at such dates as they may in every such case appoint: Provided always that such racing or jockey clubs shall consist of not less than fifty members, who shall each have paid an annual subscription of not less than twenty shillings per annum towards the funds of such club.

The Trustees may, from time to time, lease, at such rent and on such conditions as they may think reasonable, the whole or any part of the reserve, for any term or terms of years not exceeding seven years at any one time, and on conditions not inconsistent with the purposes of the racecourse.

All moneys received by the Trustees for the rents, issues, and profits of the racecourse shall, after deducting therefrom all necessary expenses incurred in the management thereof, in which may be included the cost of fencing, and the erection of an ornamental stand or pavilion thereon, be applied in and towards the cultivation and improvement of the reserve, and in rendering any part thereof that may be set apart as a racecourse suitable for that purpose, and in discharging any liabilities that may have been incurred for the said purpose.

The Trustees shall keep accurate accounts of all sums of money received for rents, issues, and profits on account of the reserve, and of all costs, charges, and disbursements in connection with the management and maintenance thereof, and on the thirty-first day of March in every year, or within one week thereafter, shall prepare accounts and a balance-sheet, showing their receipts and disbursements during the previous year, and their actual financial state on the thirty-first day of March in that year; and such accounts and balance-sheet shall be forwarded to the Controller and Auditor-General, who may direct the balance-sheet to be published in some newspaper circulating in the district wherein the reserve is situate.