Register a Thoroughbred Racing Syndicate - Western Australia

Description

You will require this registration if you intend to own thoroughbred racehorses as part of a syndicate. A syndicate can be:

  • a company
  • a stud
  • a firm or
  • a group of up to 20 individual people.

You must nominate a natural person (not a firm or company) as the manager of your syndicate. Please note that if you intend to promote shares in a racehorse to the public you will require further financial services licences from the Commonwealth Government.

Please consult the Contact Officer for more information.

Service type

Licence

A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.

Eligibility requirements

To be eligible for this registration you must:

  • provide the details of registration of the syndicate by any other Australian racing authorities
  • provide an address to be the registered address for the syndicate
  • pay the prescribed fee
  • submit the required forms.

If you are applying as a firm or company you must also provide copies of:

  • your certificate of Incorporation
  • the company constitution (if there is one)
  • the name, address and date of birth for each director
  • the name and address of each member
  • the address of the registered office.

If you are applying as a group of individuals you must also provide a copy of your syndicate agreement. This must include:

  • the name, address and date of birth of each member
  • the amount of the share each member owns in the horse
  • details of the financial arrangements between the members including the method of calculation and timing of payment of contributions due from the members
  • provision for the appointment of a manager
  • a declaration that each member has read the rules of racing and the regulations
  • a declaration that each member has not been convicted of any criminal offence excluding traffic offences
  • terms for the provision of syndicate accounts to members.

Please consult the Contact Officer for more information regarding eligibility requirements.

Duration

Ongoing (as long as a horse owned by the syndicate is raced at least once every five years).

Fees

Fees Details for this service in table format.

Task Type Business Structure Amount Description
Apply Application All $272.00

Group of Individuals

Apply Application All $325.00

Company, Firm or Stud.

Vary Variation All $51.50

Notification of Change of Syndicate Membership

Act(s) name

Racing and Wagering Western Australia Act 2003 WA

Administering agency

Racing and Wagering Western Australia

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.

Licensing and Registration

Racing and Wagering Western Australia

Operating address: 14 Hasler Road WA
Osborne Park
Western Australia 6017
Mailing address: 14 Hasler Road WA
Osborne Park
Western Australia 6017
Phone: 08 9445 5558
Fax: 08 9445 5586
Email: licreginfo@rwwa.com.au