18BRepayments in certain cases

18B Repayments in certain cases

18B Repayments in certain cases

Where an individual, a body corporate or an unincorporated association (in this section referred to as the former organisation) ceases to be a sporting organisation for the purposes of this Act—

(a) during a period specified under section 17 (1) (a) (iv) in a notice served on the former organisation under section 17 (1) or after the expiration of the period so specified in the last notice so served, and

(b) after payment to the Authority of the premium required to be paid by the notice or the last notice, as the case may be,

the Authority may, if it considers it would be equitable to do so, repay from the Fund to the former organisation, if the former organisation continues to exist, an amount not exceeding the premium specified in that notice or that last notice.

s 18B: Ins 1981 No 116, Sch 2 (3).