65.—(1) It shall be lawful for the Revenue Commissioners, notwithstanding anything contained in the Licensing Acts, 1833 to 1988, on the application to them of the executive of an authorised racecourse, to grant to the executive, or a person nominated by the executive—

(a) a licence for the sale of intoxicating liquor at the authorised racecourse for consumption at the racecourse, and

(b) a renewal of a licence granted under this section.

(2) A licence granted under this section shall be in force for the period specified therein and shall operate, to authorise, during the period beginning from the time the racegoing public are permitted admission by the executive of the authorised racecourse concerned to a race-fixture (but not before 10.30 in the morning) and ending F59[two hours] after the conclusion of the last race of the fixture, but during no other period, the sale of intoxicating liquor at the race-fixture for consumption at the racecourse, to persons attending the race-fixture.

(3) Upon the grant of a licence under this section, any licence under the Licensing Acts, 1833 to 1988, relating to an authorised racecourse shall cease to have effect during the hours which a licence granted under this section operates.

(4) A licence granted under this section shall cease to have effect should the racecourse to which it relates cease, for whatsoever reason, to be an authorised racecourse.

(5) The holder of a licence granted under this section shall comply with the provisions of this section relating to the licence.