TonyTHE DIFFERENCE BETWEEN THE MOST COMMON FORMS OF RACEHORSE OWNERSHIP

Article by Tony Fleiter BEc., LLB
Principal of Macquarie Legal Practice

Owning and racing thoroughbred racehorses can be highly enjoyable and rewarding, particularly if you are lucky enough to own a horse that progresses to winning races, and if your horse is a fashionably bred colt and just happens to win a Group 1 race, then a stud deal is likely to be available.

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HORSE RACING SCHEMES - WHO HAS CONTROL?

- Horse racing schemes/managed investment schemes/day-to-day control

- What are the criteria for determining if a horse racing scheme is a managed investment scheme?

- How is it that the manager and the trainer [and NOT the members] are the people with day-to-day control over the operation schemes?

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TEMPLATE - Co-ownership - Owners Deed for private arrangement

This agreement is Available from Racehorse Ownership or Macquarie Legal Practice upon request.

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