A ruling from the Supreme Court of New South Wales has found that Racing NSW acted outside its statutory powers in attempting to place the Australian Turf Club under administration. Justice François Kunc declared the proposed appointment of an administrator "invalid and of no effect," concluding the regulator's decision was not authorised under the Thoroughbred Racing Act 1996. The court also ordered Racing NSW to pay the ATC's legal costs. The case, heard across three days in February, examined whether Racing NSW had validly exercised its powers under the Act...