13Statement relating to proposed de-amalgamation

13 Statement relating to proposed de-amalgamation

13 Statement relating to proposed de-amalgamation

(1) The following information must be included in a statement under the Act, section 17AL(1)—

(a) details, including the title reference, of the premises that will be the premises of the de-amalgamated club,

(b) whether the premises will be transferred or leased to the de-amalgamated club and the amount of consideration or rent that will be paid for the transfer or lease,

(c) the number of gaming machine entitlements that will be transferred to the de-amalgamated club,

(d) details and estimated values of other property, plant and equipment that will be transferred to the de-amalgamated club and the consideration that will be paid for the transfer,

(e) the steps that will be taken to protect and preserve the leave and other entitlements of the employees of the amalgamated club who will become employees of the de-amalgamated club,

(f) where a copy of the proposed constitution of the de-amalgamated club may be inspected,

(g) details of the composition, including members’ names, of the proposed governing body of the de-amalgamated club,

(h) the anticipated effect of de-amalgamation on the financial viability of the amalgamated club,

(i) if a report has been prepared by an independent accountant on the future financial viability of the de-amalgamated club—where a copy of the report may be inspected,

(j) an outline of the steps that will be taken to give effect to the proposed de-amalgamation, including the assignment of contracts of the amalgamated club to the de-amalgamated club.

(2) At least 21 days before a meeting is held under the Act, section 17AM(d) to decide whether or not to approve the proposed de-amalgamation, a copy of the statement must be—

(a) sent to all the members of the amalgamated club, and

(b) prominently displayed on—

(i) a notice board on the amalgamated club’s premises, and

(ii) the amalgamated club’s website.