"Here at Laming Racing we enjoy bringing new owners into our stable and by using Australian Horse Syndications all the hard work is done. Not only do they handle everything professionally and efficiently, Brooke and the team are very friendly and willing to lend a hand wherever required. Laming Racing highly recommends using Australian Horse Syndications to ensure all your syndicating needs are sorted."
Racing Manager, Laming Racing
"If you want to be compliant in terms of ASIC but for things to be quick , easy and simple get in contact with Brooke now as she is the best in the business and you will be surprised with just how easy the service is and how helpful Brooke and her team are."
Honest pricing. Secure, online credit card payment.
Apart from the legally binding nature of the ASIC Class Order, why wouldn't you want an Industry-Approved PDS? When you apply for a loan, enter a competition, invest in a big ticket item, there are Terms and Conditions. As a trainer/breeder or syndicator, you need to protect your business. Non-compliance is risky. You run a potentially costly commercial risk if you do not legally Syndicate your Horse.
Often new owners do not understand the complexities that come with training a horse; incidentals, veterinary costs, travel expenses etc. They all go hand in hand with owning a racehorse. However, if this is not understood at the time of investment, then you have a potential problem down the track. Australian Horse Syndications was created specifically to help make the PDS creation and Approval process easy and streamlined for clients to make sure that you can get on with selling shares and attracting new clients to your stable!
Got questions? We have got the best answers for you.
Any owner/breeder/trainer may utilize Australian Horse Syndications in order to syndicate a horse and publicly advertise shares. However, there are limitations on the number that may be syndicated and also where the PDS is to be lodged.
In Victoria, where Australian Horse Syndications is based, Racing Victoria allows individuals and breeders to put through 2 PDS’ per calendar year. There is no limit on how many a trainer may submit
Can I use Australian Horse Syndications? Australian Horse Syndications is currently in the process of being approved interstate. Once approved, we will list the states in which we are able to lodge PDS applications on this site.
Simply create an account using your email address and a password that you create. You can then start working on a new PDS. Please remember to save if you are going to be away from the computer. This will not close the PDS off, it simply saves it so you can continue working on it at a later time.
You need to have a copy of the purchase invoice, a vet certificate, the insurance certificate as well as a trainers letter. Talk to us for more information.
Once your PDS is complete and you have paid the set fee via credit card, we will review and submit to Racing Victoria. Allow about a week for approval if there are no issues – longer if Racing Victoria requires clarification or further information.
When a PDS is approved by Racing Victoria, Australian Horse Syndications will open a Trust account. All purchase funds must be deposited in this Trust account.
When clients syndicate a Horse, they must nominate a minimum number of shares that they will sell before the scheme is considered `live.’ Once this minimum number of shares has been sold (and the Horse has been paid for), funds in the Trust account can be used to pay all the costs listed in the PDS and can then be closed.
Only once the PDS has been approved by Lead Regulator, Racing Victoria, can shares be publicly advertised.