New South Wales Consolidated Acts

RACING ADMINISTRATION ACT 1998 - SECT 19A

19A Liability of directors of authorised companies

Any debt that is incurred by a company in carrying on business as an authorised betting event bookmaker is enforceable jointly and severally against all persons who are directors of the company at the time the debt is incurred (whether or not they are directors at the time the debt is sought to be enforced).