3

9.

Concerning the commencement date for this

Bill, it is provided in Clause 1 that the amendments

will come into operation on a date to be fixed by the

Governor. The intention is that the amendments will

take affect at such time as the trust fund is brought

into operation by the formal handover of the Jockey

Club donation of $350 million, and the Commencement Notice

will be gazetted to coincide with this event.

10.

Sir, I move that the debate on this

motion be adjourned.

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