New South Wales Consolidated Acts

REGISTERED CLUBS ACT 1976 - SECT 41D

41D Declaration of financial interests in hotels

(1) A member of the governing body of a registered club or top executive of a registered club who, on or after the commencement of this subsection, acquires a financial interest in respect of a hotel must give a written declaration of that interest to the secretary of the club within 14 days after acquiring the interest.

Maximum penalty: 50 penalty units.

(2) A person who, at the commencement of this subsection, is a member of the governing body of a registered club or top executive of a registered club and holds a financial interest in respect of a hotel must give a written declaration of that interest to the secretary of the club within 14 days after that commencement.

Maximum penalty: 50 penalty units.

(3) A person who becomes a member of the governing body of a registered club or top executive of a registered club after the commencement of this section and who, at the time of becoming a member of the governing body or top executive, holds a financial interest in respect of a hotel must give a written declaration of that interest to the secretary of the club within 14 days after becoming a member of the governing body or top executive.

Maximum penalty: 50 penalty units.

(4) Nothing in subsection (2) or (3) requires a person to declare an interest if the person has already declared the interest and the declaration has been recorded by the club.

(5) This section does not apply to the secretary of a registered club or a person appointed as manager under the Liquor Act 2007 of any premises of a registered club.

Note: Section 33A prohibits the secretary or manager of a registered club from holding a hotel licence under the Liquor Act 2007 or acquiring any financial interest in respect of a hotel.