Racehorse Syndication

Racehorse Syndication

Racehorse Syndication

 

As pointed out above, there is provision for up to 10 individual owners names to be registered as owners of a horse. Where the actual number of owners exceeds 20, or a Company takes up ownership, a syndicate must be formed. A syndicate can be formed with up to 20 individual members, which will then become the registered owner of the horse on behalf of the syndicate members. Arrangements can be made with most racing clubs to afford all syndicate members to full rights and entitlements of an individually named owner.

 

Public Syndication

 

Public Syndication - ASIC registered syndicators offer a common method to purchase a share in a racehorse in Australia. You buy into a horse via a public syndicate that is run by a syndicate manager, who in turn liases with the trainer in managing the horse. Strict Australian Securities Industry Commission, (ASIC), regulations require all syndicators and syndicates to be registered and adhere to ASIC regulations at all times.

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