WAIn ForceAct
Racing and Wagering Western Australia Act 2003
Part 7Financial provisions
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Part 7 — Financial provisions
88. Bank account 63
89. Investment 63
90. Reserve accounts 63
91. Payment of outgoings and expenses 64
Division 2 — Loans and grants
92. RWWA may lend or grant money to racing clubs and allied bodies 64
93. Terms and conditions of loan 65
94. Failure to comply with terms and conditions 65
95. Application and security for loan or grant 66
96. Club or allied body may make representations to board 66
Division 3 — Borrowing
97. Borrowing 66
98. Borrowing restrictions 67
99. Hedging transactions 68
Division 4 — Guarantees
100. Guarantees 68
101. Charges for guarantee 69
Division 5 — Financial provisions in relation to wagering
103. Supplementary pool schemes 69
104. Unclaimed dividends, fixed odds winnings and refunds 70
106. Allocation of RWWA’s funds after 31 July 2006 71
107A. Distribution of funds from the racing bets levy 72
107B. Allocation and distribution of proportion of funds from betting tax 72