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it has also not explained in the necessary detail how the revenues stemming from the tote would be distributed to the various components of the horseracing industry, let alone the specific purposes for which the revenues would be used.
it has also not explained in the necessary detail how the revenues stemming from the tote would be distributed to the various components of the horseracing industry, let alone the specific purposes for which the revenues would be used.
(13) the corporate structure of investbx responds to these distinct roles as follows: investbx will comprise two limited companies: (i) investbx 1, a not for profit distribution membership company, limited by guarantee with all profits being reinvested and not distributed; and (ii) investbx 2, a company limited by shares, which will be wholly owned by investbx 1.
(13) the corporate structure of investbx responds to these distinct roles as follows: investbx will comprise two limited companies: (i) investbx 1, a not for profit distribution membership company, limited by guarantee with all profits being reinvested and not distributed; and (ii) investbx 2, a company limited by shares, which will be wholly owned by investbx 1.
