sec.4Declaration of major sports facilities

sec.4 Declaration of major sports facilities

A regulation may declare a facility that has the capacity to stage national or international sports, recreational or entertainment events, or special events, to be a major sports facility. On the making of the declaration, property in the facility vests in the Authority. However, the declaration— may be made only with the agreement of the person who is the owner of the facility; and does not affect any interest that another person had in the facility immediately before its making. s 4 amd 2006 No. 14 s 4 (sec.4-ssec.1) A regulation may declare a facility that has the capacity to stage national or international sports, recreational or entertainment events, or special events, to be a major sports facility. (sec.4-ssec.2) On the making of the declaration, property in the facility vests in the Authority. (sec.4-ssec.3) However, the declaration— may be made only with the agreement of the person who is the owner of the facility; and does not affect any interest that another person had in the facility immediately before its making.

• (a) may be made only with the agreement of the person who is the owner of the facility; and
• (b) does not affect any interest that another person had in the facility immediately before its making.