Ownership
INFORMATION ON TRAINER-OWNER REFORMS INTRODUCED NOVEMBER 2020
Newsletter sent 13 November 2020
Link to NZTR Details
NZTR TRAINER-OWNER REFORM DOCUMENTATION:
- FEES NOTICE TEMPLATE
- COMPLETED FEES NOTICE EXAMPLE
- STANDARD TRAINING CONTRACT - automatic when you provide owners with Fees Notice
- STANDARD CO-OWNER AGREEMENT
- STANDARD LEASE AGREEMENT
- DISPUTE NOTICE FORM
- ENFORCEMENT ACTION APPLICATION FORM
- NOTICE OF ELECTION OF HEARING FORM
AUTHORISED SYNDICATORS
If you are already an authorised syndicator and have shares to sell, these can be listed on the Love Racing syndication platform: http://owner.loveracing.co.nz
Trainers can apply to become an authorised syndicator - Class A trainers are automatically approved and there is no application fee. Relaxed reporting restrictions for syndicates where members are charged on an “invoice on costs” basis now apply.
For clarity in regards to what is classed as advertising - a racehorse trainer may promote their services on Facebook and other social media platforms. They can offer their assistance in selecting a horse, however unless they are an authorised syndicator, they cannot promote shares in a specific syndicate.
Click here for:
- Authorised Syndicator Application form
- Pro-forma Syndicate Agreement - monthly invoiced costs
- Pro-forma Disclosure Statement
- Guidance Pack
- Updated code of practice
Application can be sent to [email protected]