The club is prohibited from lending money to a director, full stop. Loans to employees over $10,000 require explicit board approval; smaller employee loans must be documented per the employee's contract terms. The duty binds the club (not the director not to borrow); the venue self-attests that no director loans exist.
Working draft, not legal advice
The plain-English summary above is drafted by Venue Axis as a navigation aid. The citation is the authoritative source — treat it as the definitive reference. For a legal interpretation of this obligation in your venue's context, talk to your counsel.
A director loan is a breach of s.41N attracting ILGA disciplinary action under Part 6A (monetary penalties, possible licence-condition variation under s.57H(2)(e), removal of secretary/director). The loan itself may also be unenforceable or recoverable.
Consequences are summarised from the underlying legislation. Specific penalties depend on the breach pattern, prior history, and the regulator's enforcement posture. Talk to a liquor and gaming lawyer for a definitive view of your venue's exposure.
Registered clubs must hold an AGM each year within the timeframe set by the Act and the club's constitution, with proper notice to members. …
Director elections must follow the process set out in the club's constitution and the Act. Candidate eligibility (not disqualified under s.3…
A person must not sit as a director if they are bankrupt, disqualified by ILGA, or otherwise ineligible under s.30A. The secretary must conf…
The club must keep a current register of all members with the particulars required by the Act. The register must be available for inspection…
Transactions between the club and a director (or an entity a director controls or benefits from) must be declared on the COI register, appro…
Directors, the secretary, and KMPs must declare any conflicts of interest on appointment and have them reviewed at least annually. The regis…
Filter by jurisdiction, strategic tier, who's bound. The search-and-skim view; this page is the per-obligation deep link.
The 75-Part Self-Audit Checklist L&GNSW inspectors walk through, and how Venue Axis is structured around it.
Free tools, comparisons, regulatory explainers — the full Venue Axis library, organised by category.
The browseable tree is the inventory. The in-product working surface adds live evidence linkage, CL1002 alignment, and freshness scoring on top. First three months free, no card up front.