Racing (Tasracing Pty Ltd) Act 2009 (Tas)

Racing (Tasracing Pty Ltd) Act 2009

An Act to establish Tasracing Pty Ltd to provide for the governance of the racing industry and for administrative and financial services to that industry [Royal Assent 24 June 2009]

Be it enacted by His Excellency the Governor of Tasmania, by and with the advice and consent of the Legislative Council and House of Assembly, in Parliament assembled, as follows:

PART 1 - Preliminary

1. Short title This Act may be cited as the Racing (Tasracing Pty Ltd) Act 2009 .

2. Commencement This Act commences on 1 July 2009 but, if it does not receive the Royal Assent on or before that day, it is taken to have commenced on that day.

3. Interpretation (1) In this Act, unless the contrary intention appears – asset means property of any kind whether tangible or intangible, real or personal, present or future, whether arising from, accruing under, created or evidenced by, or the subject of, an instrument or otherwise and whether liquidated or unliquidated, actual, contingent or prospective and includes, without limitation, any – (a) legal or equitable estate or interest in real or personal property; and (b) chose in action; and (c) money, documents or securities; and (d) infrastructure; and (e) plant and equipment; and (f) intellectual property; and (g) goodwill; and (h) records; and (i) other right; Board means the board of directors of the Company referred to in section 14 ; Company means the company referred to in section 5 ; liability means any liability, duty or obligation whether actual, contingent or prospective, liquidated or unliquidated, and whether owed alone or jointly or jointly and severally with any other person; member of the Company means a member referred to in section 10 ; panel means the panel referred to in section 25(2) ; principal objectives means the principal objectives of the Company specified in section 6 ; right means any right, power, privilege or immunity, whether actual, contingent or prospective; TRB means the Tasmanian Racing Board established under section 10 of the Racing Regulation Act 2004 . (2) Unless the contrary intention appears, an expression used in this Act has the same meaning as it has in the Racing Regulation and Integrity Act 2024 .