1. No person may apply for a race course licence other than in response to a notice published in the Provincial Gazette and the media by the Board, inviting applications and which notice may state the evaluation criteria to be applied and any other requirements.
  2. A race course licence shall not be granted by the Board, unless the Board is satisfied that the applicant has appropriate knowledge and experience, or is able to acquire such knowledge and experience, to conduct business under the licence.
  3. Any person, desiring to operate, carry on or conduct horse racing on any premises in the Province shall apply to the Board for the relevant licence.
  4. A race course licence shall authorise, subject to any conditions which the Board may impose, the holding of race meetings on the premises specified in the licence.
  5. A race course licence shall attach to the premises specified in the licence and shall be valid for the period as prescribed by the Board.