(1) Subject to subsections (2) and (3), the Trust may grant a permit over the whole or any part of the Reserve—
(a) in relation to, or for the purpose of, a Caulfield Racecourse Reserve event; or
(b) for any other purpose.
(2) The Trust must not grant a permit in relation to, or for the purpose of, a Caulfield Racecourse Reserve event unless the Trust considers that—
(a) the purpose of the permit is not detrimental to the purposes for which the land is reserved; and
(b) the granting of the permit is in the public interest.
(3) The Trust must not grant a permit for any other purpose unless the Trust considers that the purpose of the permit is not detrimental to the purposes for which the land is reserved.
(4) A permit may be granted for a period not exceeding 6 months.
(5) This section applies despite anything to the contrary in the Crown Land (Reserves) Act 1978 and the Land Act 1958 .
Part 5—Financial provisions