14Transfer of transferable regulatory authorisations

14 Transfer of transferable regulatory authorisations

14 Transfer of transferable regulatory authorisations

(1) Each of the transferable regulatory authorisations (an original regulatory authorisation) becomes a regulatory authorisation of the merged racing club (the transferred regulatory authorisation) on the merger finalisation day for the purposes of the State legislation under which the original regulatory authorisation was issued (the relevant State legislation).

(2) A transferred regulatory authorisation:

(a) has effect as if it had been issued to the merged racing club for the remainder of the period (if any) for which the original regulatory authorisation was issued, unless it is sooner cancelled, forfeited, surrendered or otherwise ceases to have effect under the relevant State legislation, and

(b) is subject to the same terms, conditions and endorsements as the original regulatory authorisation until those terms, conditions or endorsements are altered, varied or revoked in accordance with the relevant State legislation.

(3) The provisions of the Registered Clubs Act 1976 and the Liquor Act 2007 (and of the regulations made under those Acts) apply in relation to the merged racing club subject to the following modifications:

(a) the rules referred to in section 30 (1) (a) and (b) of the Registered Clubs Act 1976 do not apply in relation to the merged racing club,

(b) section 32 (1) of the Registered Clubs Act 1976 does not prevent the club from having more than one secretary and, in particular, from having one secretary approved under section 33 of that Act for the purposes of that Act and a different secretary or chief executive officer for the club in its capacity as a company,

(c) section 34 (3A) of the Registered Clubs Act 1976 does not operate to make a person or the club guilty of an offence against section 34 (2) of that Act if the person is acting as a secretary or chief executive officer for the club in its capacity as a company and another person has been approved as the secretary for the club in its capacity as a registered club,

(d) section 66 (2) (a) of the is to be read as being confined to the secretary of the club approved for the purposes of the ,