RG 91 Horse breeding schemes and horse racing syndicates
Issued 31 August 2016
This guide sets out our approach to regulating horse breeding schemes and horse racing syndicates under the Corporations Act 2001 (Corporations Act).
It explains:
- our general approach to regulating certain small-scale horse breeding schemes and horse racing syndicates;
- the relief we give for certain types of horse breeding schemes and horse racing syndicates from the managed investment, Australian financial services (AFS) licensing and product disclosure provisions of the Corporations Act; and
- our approach to the co-regulatory arrangements between ASIC and lead regulators for certain types of horse racing syndicates.