Part 3Licensing trusts, community trusts, and other matters
Licensing trusts: Establishment of licensing trusts
303Existing licensing trusts continue in existence
This section applies to a licensing trust constituted under the Sale of Liquor Act 1989 and in existence immediately before the commencement of this Act (in this section called an existing licensing trust).
The existing licensing trusts are the trusts listed in Parts 1 and 2 of Schedule 1.
An existing licensing trust continues in existence as if it were a trust established under this Act except that the next election of its members must be held on the day on which the next succeeding triennial general election of members of territorial authorities is held under the Local Electoral Act 2001.