The Horse Racing (Northern Ireland) Order 1990

Miscellaneous

Accounts, etc.

10.—(1) The Corporation and the Company shall—

(a) keep such accounts and other records as the Department may require; and

(b) prepare for a period of 12 months ending on 31st December in each year, an annual statement of accounts in such form and containing such particulars as the Department may direct.

(2) The accounts prepared under paragraph (1) shall be audited by an auditor appointed by the Corporation or, as the case may be, the Company, and no person shall be qualified to be so appointed unless he is a member of a body of accountants for the time being recognised by the Department of Economic Development for the purposes of Article 397(2) of the Companies (Northern Ireland) Order 1986(1).

(3) Any account prepared under paragraph (1) shall on or before 30th April next following the expiration of the relevant year be submitted to the Department together with a copy of the report made by the auditor on the accounts, and a copy of the account certified by the auditor appointed under paragraph (2) shall be supplied, either free of charge or on payment of such sum as may be fixed by the Department, to any person who makes application therefor to the Department.

Rules and bye-laws of the Corporation

11.—(1) Rules 13 and 14 of the rules and bye-laws of the Corporation shall have effect subject to the amendments set out in Schedule 1.

(2) The Committee of Freemen of the Corporation may not modify the rules and bye-laws of the Corporation without the approval of the Department.

(3) That Committee shall prepare, and cause to be printed, the rules and bye-laws of the Corporation, as amended by this Order, and a copy thereof, certified by the Governor of the Corporation to be true, shall be deposited in the offices of the Department within one month of the coming into operation of this Order.

Amendments and repeals

12.—(1) The statutory provisions specified in Schedule 1 shall have effect subject to the amendments specified in that Schedule, being amendments consequential on the provisions of this Order.

(2) The statutory provisions specified in Schedule 2 are hereby repealed to the extent specified in column 3 of that Schedule.

(1)

1986 NI 6