New South Wales Consolidated ActsFor the purposes of Division 4 of Part 5 of the Crown Lands Act 1989 (Formation of reserve trusts):
(a) the former trustee continues as a reserve trust and as a corporation constituted by that Act with the corporate name of “Hawkesbury Racecourse Reserve Trust”, and
(b) the appointment of the reserve trust as trustee of the Hawkesbury Racecourse is confirmed, and
(c) each person holding office as a member of the trust board of the former trustee immediately before the commencement of this Act continues in office as a member of the trust board of the reserve trust.