Archer 296 Report post Posted July 2, 2020 Hmm (a) .... a racing venue owned by the club: (b) .... a racing venue owned by the club: (c) .... a racing venue owned by the club. So the writers of this act, agree quite clearly that the venues are OWNED BY THE CLUB ! Huey 1 Quote Share this post Link to post Share on other sites More sharing options...
Mikie 325 Report post Posted July 2, 2020 15 hours ago, Stables said: The Clubs own nothing, at best the members do The Club is the Members, and in quite a few cases the land was purchased due to the endeavours of Members many, many years ago ie Racing profits did not fund the initial purchase Mikie arjay and Huey 2 Quote Share this post Link to post Share on other sites More sharing options...
Stables 577 Report post Posted July 2, 2020 I agree Quote Share this post Link to post Share on other sites More sharing options...
Pam Robson 1,547 Report post Posted July 2, 2020 2 hours ago, Leggy said: Why were they pissed with Hokitika preserving their community asset? Will they be annoyed with the likes of Avondale doing the same thing? Because they were presented with a fait accompli before the law change.....and it had quite a bit of value. And yes, I would think so. Quote Share this post Link to post Share on other sites More sharing options...
Huey 2,037 Report post Posted July 3, 2020 2 hours ago, Archer said: So they can sell Ellerslie any time they wish ? Yep if they go through the "Claytons" process they can, people in the industry to naive to realise what could happen to assets down the track. Quote Share this post Link to post Share on other sites More sharing options...
Huey 2,037 Report post Posted July 3, 2020 3 hours ago, Patiti said: Why is the legislation limited to land assets. Surely they could take cash and investments owned by the clubs for the common good. Absolutely they should, if they are willing to front up with back pay for workers, R&M,Rates etc etc etc and fund current OPEX why not. Quote Share this post Link to post Share on other sites More sharing options...