Clause 5
To insert after subclause (2) (after line 2 on page 7) the following subclause:
(2A) Section 4(1) is amended by repealing paragraph (a)(iii) of the definition of authorised purpose and substituting the following paragraph:“(iii) promoting, controlling, and conducting race meetings under the Racing Act 2003, including the maintenance and development of racing club infrastructure and racecourses, but not including the payment of racing stakes:”.
(2A) Section 4(1) is amended by repealing paragraph (a)(iii) of the definition of authorised purpose and substituting the following paragraph:
“(iii) promoting, controlling, and conducting race meetings under the Racing Act 2003, including the maintenance and development of racing club infrastructure and racecourses, but not including the payment of racing stakes:”.