Victorian Consolidated Legislation

Melbourne Racing Club Act 1956 - SECT 3

Incorporation of Melbourne Racing Club

3. Incorporation of Melbourne Racing Club



(1) There shall be a body corporate by the name of "Melbourne Racing Club"
consisting of-

        (i)    all persons who at the date of the passing of this Act are
               members of the association and who continue to be members of
               the club; and

        (ii)   all persons who under and in accordance with the provisions of
               the rules become and continue to be members of the club.

(2) The body corporate shall have perpetual succession and a common seal and
under the name aforesaid may sue and be sued prosecute and defend and take and
suffer all other proceedings in all courts civil and criminal and it shall be
lawful for the body corporate to purchase take on lease or licence or in
exchange or otherwise acquire and to receive hold enjoy and take possession of
real and personal property of any description whatsoever and also to sell
grant exchange convey demise reserve or grant easements over or otherwise
dispose of or deal with either absolutely or by way of mortgage charge lien or
other encumbrance any of the property real or person which may at any time be
vested in or otherwise belong to the body corporate and generally to exercise
all powers incidental to a body corporate.