5Sports controlling body to inform Minister of change in circumstances

5 Sports controlling body to inform Minister of change in circumstances

5 Sports controlling body to inform Minister of change in circumstances

(1) A sports controlling body must give the Minister written notice of the following changes within 14 days of the change—

(a) a change in the degree of the body’s control over the organisation of the sporting event,

(b) a change in the membership of the body’s board of directors,

(c) a change in the body’s financial circumstances, including insolvency,

(d) a change in the persons or bodies with a controlling interest in the body,

(e) the commencement of criminal proceedings against the body.

Maximum penalty—50 penalty units.

(2) For subsection (1), if the sports controlling body is not a person, each member of the sports controlling body’s governing body must ensure the Minister is given written notice of the change.