Victorian Consolidated Legislation

Australian Grands Prix Act 1994 - SECT 20

Functions

20. Functions

The functions of the Corporation are-

   (a)  to negotiate, enter into and vary agreements under which Formula One
        events are held;

   (b)  to undertake and facilitate the organisation, conduct, management and
        promotion of Formula One events and Australian Motorcycle Grand Prix
        events;

   (c)  to establish at Albert Park a temporary motor racing circuit and
        supporting facilities for Formula One events;

   (d)  to do all other things necessary for or in connection with the conduct
        and financial and commercial management of each Formula One event
        promoted by the Corporation;

   (e)  with the consent of the Minister, to negotiate and enter into an
        agreement for the holding of, and to undertake the organisation,
        conduct, management and promotion of, a motor sport event approved by
        the Minister;

   (f)  such other functions as are conferred on the Corporation under this
        Act or any other Act.