South Australian Consolidated Acts South Australian Consolidated Acts10—Functions and powers of Board
(1) The functions of
the Board are—
(a) to
negotiate and enter into agreements on behalf of the State under which motor
sport events, whether promoted by the Board or by some other person approved
by the Minister, are held in the State; and
(b) to
undertake on behalf of the State the promotion of motor sport events; and
(c) to
do all things necessary for or in connection with the conduct and financial
and commercial management of each event promoted by the Board; and
(d) to
provide advisory, consultancy, management or other services to promoters or
other persons associated with the conduct of sporting, entertainment or other
special events or projects, whether within or outside the State; and
(e) such
other functions as the Minister may from time to time approve.
(2) For the purpose,
or in the course, of performing its functions, the Board may—
(aa)
establish a motor racing circuit on a temporary basis; or
(a) as
provided by this Act, assume the care, control, management and use of
public roads and parklands on a temporary basis; or
(b)
carry out works for the construction, alteration or removal of public or other
roads, track, grandstands, fencing, barriers and other buildings and
structures; or
(c)
carry on any advertising and promotional activities; or
(d)
regulate and control admission to any event and charge and collect fees for
admission to any such event; or
(e)
grant for fee or other consideration advertising or sponsorship rights or any
other rights, licences or concessions in connection with events; or
(f)
publish or produce books, programmes, brochures, films, souvenirs and other
things relating to events; or
(g) sell
or supply food and drink (including alcoholic beverages), books, programmes,
brochures, films, souvenirs and other things in connection with events; or
(h)
restrict, control and make charges for the use of official insignia; or
(i)
take out policies of insurance in its own right or on
behalf of the State; or
(j)
acquire and hold any licence under any other Act; or
(k)
acquire, hold, deal with and dispose of any personal property; or
(l)
form, or acquire, hold, deal with and dispose of shares or other interests in,
or securities issued by, bodies corporate, whether within or outside the
State; or
(m)
enter into any partnership or joint venture arrangement, appoint any agent, or
enter into any other contract or arrangement with another person, whether
within or outside the State; or
(n)
accept money or other things, whether from the State, a State instrumentality
or any other person, provided or given to the Board for the performance of its
functions; or
(o) act
as trustee on behalf of any other person in connection with the performance of
its functions under this Act; or
(p)
delegate a function or power to a member of the Board, a committee established
by the Board or by the presiding member of the Board, the Chief Executive of
the Board or another person or body; or
(r)
enter into any agreement or arrangement of a kind not previously mentioned in
this subsection or acquire or incur any other rights or liabilities; or
(s)
exercise any other powers that are necessary or expedient for, or incidental
to, the performance of its functions.
(3) No contract or
agreement entered into by any person acting or purporting to act as agent of
the Board is binding on the Board unless ratified by the Board.
(4) A delegation made
by the Board is revocable at will and does not derogate from the power of the
Board to act itself in any matter.