74Expenses of administration

74 Expenses of administration (1) The expenses of and incidental to the conduct of the affairs of a race club by an administrator are payable from the race club's funds. (2) Those expenses include: (a) if the administrator is not a public sector employee – remuneration of the administrator at a rate approved by the Commission; or (b) if the administrator is a public sector employee – the amount that the Commission certifies is to be paid to the Territory as repayment of the administrator's remuneration. (3) An amount certified under subsection (2)(b) is a debt due and payable to the Territory. (4) An administrator has, in relation to the expenses specified in subsection (1), the same priority on the winding up of a race club as the liquidator of an association under the Associations Act 2003.