I15Transitional and supplementary provision

1

Down Royal Park Racecourse Limited must submit a statement of its expenditure for the year beginning with 1 January 2021 to the Department.

2

Where a horse racecourse operator has not submitted a statement under Article 3(4) of the 1990 Order for the year beginning with 1 January 2022, the operator must submit a statement for the year to the Department.

3

A statement submitted under subsection (2) must include—

a

the expenditure of the horse racecourse operator for the period beginning with 1 January 2022 and ending on the day the operator submits the statement, and

b

the proposed budget and expenditure plans for the horse racecourse operator for the period beginning with the day after the day on which the statement is submitted and ending on 31 December 2022.

4

The statements referred to in subsections (1) and (2) must be submitted before the end of the period of two weeks beginning with the day after the day on which this Act receives Royal Assent.

5

In the 1990 Order —

a

Article 3(5) has effect as if the reference to the statement submitted under paragraph (4) of the Article included a statement submitted under subsection (1) or (2),

b

for the purposes of accounts prepared under Article 5 of the 1990 Order for the year ending on 31 December 2021, Article 5(2) has effect as if the reference to April were to June,

c

Article 6(1)(a) has effect as if the reference to works under Article 3(5)(b) or (c) proposed in any statement submitted under Article 3(4) included works under Article 3(5)(b) or (c) to which expenditure in a statement submitted under subsection (1) or (2) relates,

d

Article 10(1)(b) has effect as if the duty to prepare an annual statement of accounts for a period of 12 months ending on 31 December in each year included a duty for Down Royal Park Racecourse Limited to prepare such a statement for the year ending on 31 December 2021, and

e

for the purposes of accounts prepared under Article 10(1) of the 1990 Order for the year ending on 31 December 2021, Article 10(3) has effect as if the reference to April were to June.

6

In this section—

  • “the Department” means the Department of Agriculture, Environment and Rural Affairs;

  • “horse racecourse operator” has the meaning given by Article 2(2) of the 1990 Order.