ABOUT TTSC

About the TTSC Racehorse Syndication Service

The Thoroughbred Trainers Service Centre (TTSC) is a holder of an ASIC issued AFSL 288-213 offers a syndication service to assist with compliance issues that are required to be met when shares are advertised for sale in thoroughbreds.

To sell shares in thoroughbreds, or to charge a management fee to an individual,  the prospective owner must receive consumer protection the advertisement, no matter the form of advertising, must be accompanied by an AFSL holders’ and or an Authorised Representatives number.

The TTSC’s service has been designed to assist trainers, breeders and prospective syndication companies with ASIC Corporations requirements and meet all of ASIC’s appointed Lead Regulators* policies throughout Australia.

If you wish to sell shares in a thoroughbred to people that are not known to you, advertise those shares, and/or charge a management fee to individuals the TTSC’s Syndication service can assist you.

The TTSC is on all Principal Racing Authorities Approved Promoter registers and we perform the function of Promoter on behalf of the Seller. We ensure you have a full ‘know your client’ profile for every client and the overall Horse Racing Syndicate is compiled in accordance with ASIC Corporations (Horse Schemes) Instrument 2016/790 and its updated Regulatory Guide 91 (August 2016), plus Racing Australia’s updated Rules of Racing.

Each Horse Racing Syndicate, is a managed scheme that has the purpose of racing one or more horses and accommodates no more than 50 participants in the Syndicate with the overall value not exceeding $500,000.00 (inc GST).

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Contact details
info@ttsc.com.au or 03 8354 2550.

Expressoins Of Interest

Introduction

Thoroughbred Trainers Service Centre Limited ACN 112 056 032 (TTSC) encourages and promotes thoroughbred horse racing nationally by amongst other things establishing and conducting a national consolidated racing services business to service the Australian horse racing industry.

The TTSC assists with the education of the industry in relation to Australian Securities and Investments Commission compliance responsibilities where shares are offered under ASIC Class Order. [CO 02/319] Horse Racing Syndicates (ASIC Class Order).

The TTSC is the holder of Australian Financial Services Licence No 288 213 (AFSL). The TTSC’s service does reduce the administrative burden on syndicators by the ongoing provision of a low-cost service for the promotion and management of horse racing schemes where shares are offered under the ASIC Class Order (Syndication Services).

The TTSC invites the interested party (Interested Party) to lodge a non-binding expression of interest (EOI) for the provision by the TTSC to the Interested Party of the Syndication Services.

Format of expressions of interest

The EOI should be generally in the format of the attached “Expression of Interest Form”. As a minimum, all of the information requested in that document must be provided, but additional information may be provided if considered to be relevant by the Interested Party.

The EOI’s must be lodged by or on behalf of the Interested Party which is the intended recipient of the Syndication Services.

TTSC may request further information from an Interested Party which lodges an EOI.

Process

By completing the Expression of Interest Form you will not be making any commitment to receive the Syndication Services. It is simply an indication that you are interested in receiving further information about the Syndication Services offered by the TTSC.The TTSC has comprehensive documentation setting out the details of the Syndication Services and the terms on which the services will be provided, which will be made available to the Interested Party.

The TTSC proposes to provide the Syndication Services to an Interested Party whereby the TTSC will act as a promoter and manager for the Interested Party in accordance with the terms and conditions set out in a service agreement (Service Level Agreement). Upon receipt by the TTSC of the EOI a copy of the Service Level Agreement will be provided to you. If you decide to engage the TTSC to provide the Syndication Service you must sign and return a signed Service Level Agreement (SLA) to the TTSC by no later than three (3) months from the date of mailing.

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TTSC Privacy Policy (Updated April 2015)

The TTSC Privacy Policy applies to information collected about you by the Thoroughbred Trainers Service Centre Limited (TTSC) (ACN 112 056 032). The TTSC is committed to ensuring that your privacy is protected. This Privacy Policy explains TTSC’s practices in relation to information you provide as the Offeror and/or Promoter as well as other information that the TTSC collects about you. The TTSC manages your personal information in accordance with the Australian Privacy Principles set out in the Privacy Act 1988 (Cth) (“the Privacy Act”) and this TTSC Privacy Policy. Further information on privacy can be found on the website for the Office of the Australian Information Commissioner at www.oaic.gov.au.

TTSC’s Collection of Your Information

The TTSC usually collects your personal information directly from you. For example, the TTSC collects information from you when you engage its services. The types of information we collect about you usually includes your name, date of birth, contact details, mobile phone number, GST status, credit card and bank account details. With your consent, we may also collect a copy of the documents you provide us in order to verify your identity, such as your driver’s licence or passport, and information relevant to your fitness to be involved in racing, including information on your experience, the licences you hold, your employment and your educational history.

The TTSC collects information from you when you fill out an application form, visit its website (www.ttsc.com.au), speak to us over the phone, or when you send the TTSC e-mail or a facsimile. The TTSC may collect information about you that is publicly available, including from other websites, company information registers and racing publications. The TTSC may also collect information about you from third parties, including the Principal Racing Authorities (“PRA’s”) in each state and territory and any referees you nominate in an application form.

The TTSC only collects sensitive information, such as information about your criminal record, with your consent.  The TTSC may use or disclose the information it collects about you for several purposes, including: to contact you;

  • to identify you;
  • to consider your request for TTSC’s products or services;
  • to provide TTSC’s products or services to you;
  • to facilitate the thoroughbred racehorse syndication process;
  • to tell you about the TTSC’s products or service (you may contact us at any time to let us know if you do not want to receive information about TTSC’s products or services).

The TTSC may also disclose your personal information to government enforcement agencies, appeal bodies, race clubs, the Australian Stud Book, wagering service providers or other authorities as required, but only for one or more of the purposes described above or if the TTSC believes that the disclosure is reasonably necessary for law enforcement either by or on behalf of an enforcement body or the disclosure is authorised or required by law.

In providing you with a racehorse syndication services through the TTSC, the TTSC may disclose personal information, including the documents you provide us in order to verify your identity, such as your driver’s licence or passport to AUSTRAC for compliance purposes. The TTSC may also disclose your personal information to ASIC but only with your consent or where disclosure is authorised or required by law.

The TTSC may disclose certain information, including your name and contact details and information about horses owned by you (“Racing Information”), as well as information relevant to your fitness to be involved in racing, to Principal Racing Authorities (PRA) in order to:

  • enable PRA’s to fulfil their regulatory responsibilities;
  • promote and protect the integrity of the sport to ensure compliance with the Rules of Racing; and
  • to enable PRA’s to communicate with you including for promotional, marketing and publicity purposes.

The TTSC does not generally disclose any personal information to overseas recipients (although the TTSC website can be accessed from countries outside Australia).

TTSC Anti-Money Laundering and Counter-Terrorism Financing Program (AML/CTF Program)

As of 1 November 2011 it became mandatory for all businesses with obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) to be enrolled on AUSTRAC’s Reporting Entities Roll. This obligation applies to all businesses that provide a ‘designated service’ under section 6 of the AML/CTF Act.

To do so, the TTSC has adopted a special AML/CTF program. Under this program, the TTSC follows a set of customer identification and verification procedures to confirm the identity of new customers and thus be confident that the customer we are dealing with is the person they claim to be. In implementing the AML/CTF program, the TTSC will comply at all times with this Privacy Policy and its obligations under the Privacy Act.

Updating the Information we have about you

The TTSC uses its best endeavours to ensure that the information it holds about you is accurate, complete and up to date. You have a right to seek access to and correction of your personal information held by the TTSC. If you would like to know what information the TTSC holds about you or would like the TTSC to correct the information it holds about you, you can send your request to the TTSC by email or in writing.

Email: privacy@ttsc.com.au or via mail:

Mail:

Privacy Officer
TTSC
Level 1 Racing Centre
400 Epsom Road
Flemington VIC 3031
Please allow 14 days for your request to be processed.

Compliants

If you have concerns about how the TTSC has managed your personal information or believe that the TTSC has breached the Privacy Act, please contact us by email or in writing at the address listed above.

The TTSC will respond to you in writing about your complaint within a reasonable time. If you are not satisfied with our response, you have a right to apply to the Office of the Australian Information Commissioner to have your complaint heard and determined.

Security of the information the TTSC stores about you

The TTSC takes all reasonable steps to keep secure any information that is held about you. The TTSC collects and holds information about you in hard-copy and electronic form.

Hard-copy documents are kept in secure archive facilities at the TTSC office. Electronic records are linked to other information held about you in the TTSC’s secure electronic database.

The TTSC and links to other websites

The TTSC provides links to Racing Australia’s and other external websites. These externally linked websites are not under the control of the TTSC, and as such the TTSC is not responsible for the privacy practices or content of companies linked to the TTSC website. Before disclosing your personal information on any other website, we advise you to examine the privacy policies of those websites.

Future changes to the TTSC Privacy Policy

The TTSC may update its Privacy Policy by publishing an updated version of the policy on its website.

TTSC Conflict of Interest Policy

The Conflict of Interest Policy applies to the services provided by the Offeror and/or the Promoter.

The TTSC Conflict of Interest Policy applies to the services provided by the TTSC.

As a business we have relationships and receive income from various parties. We will use our best endeavours to ensure that the quality of our service is not compromised by any conflict of interest and that our actions are transparent at all times.

We will disclose to our clients any conflicts that may be perceived to impact any general advice that we offer.

All TTSC employees are employed on the basis that they do not have or enter into any business interests, direct or indirect, which conflict or might reasonably be expected to conflict with the business of the TTSC.

Should any conflict situation that exists or arises it should be communicated in writing to the Chief Executive Officer of Racing Australia.

 

 

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Contact Us

 

Expressoins Of Interest

Introduction

Thoroughbred Trainers Service Centre Limited ACN 112 056 032 (TTSC) encourages and promotes thoroughbred horse racing nationally by amongst other things establishing and conducting a national consolidated racing services business to service the Australian horse racing industry.

The TTSC assists with the education of the industry in relation to Australian Securities and Investments Commission compliance responsibilities where shares are offered under ASIC Class Order. [CO 02/319] Horse Racing Syndicates (ASIC Class Order).

The TTSC is the holder of Australian Financial Services Licence No 288 213 (AFSL). The TTSC's service does reduce the administrative burden on syndicators by the ongoing provision of a low-cost service for the promotion and management of horse racing schemes where shares are offered under the ASIC Class Order (Syndication Services).

The TTSC invites the interested party (Interested Party) to lodge a non-binding expression of interest (EOI) for the provision by the TTSC to the Interested Party of the Syndication Services.

Format of expressions of interest

The EOI should be generally in the format of the attached "Expression of Interest Form". As a minimum, all of the information requested in that document must be provided, but additional information may be provided if considered to be relevant by the Interested Party.

The EOI’s must be lodged by or on behalf of the Interested Party which is the intended recipient of the Syndication Services.

TTSC may request further information from an Interested Party which lodges an EOI.

Process

By completing the Expression of Interest Form you will not be making any commitment to receive the Syndication Services. It is simply an indication that you are interested in receiving further information about the Syndication Services offered by the TTSC.

The TTSC has comprehensive documentation setting out the details of the Syndication Services and the terms on which the services will be provided, which will be made available to the Interested Party.

The TTSC proposes to provide the Syndication Services to an Interested Party whereby the TTSC will act as a promoter and manager for the Interested Party in accordance with the terms and conditions set out in a service agreement (Service Level Agreement). Upon receipt by the TTSC of the EOI a copy of the Service Level Agreement will be provided to you. If you decide to engage the TTSC to provide the Syndication Service you must sign and return a signed Service Level Agreement (SLA) to the TTSC by no later than three (3) months from the date of mailing.

 

TTSC Privacy Policy (Updated 10 July 2014)

The TTSC Privacy Policy applies to information collected about you by the Thoroughbred Trainers Service Centre Limited (TTSC) (ACN 112 056 032). The TTSC is committed to ensuring that your privacy is protected. This Privacy Policy explains TTSC’s practices in relation to information you provide as the Offeror and/or Promoter as well as other information that the TTSC collects about you. The TTSC manages your personal information in accordance with the Australian Privacy Principles set out in the Privacy Act 1988 (Cth) ("the Privacy Act") and this TTSC Privacy Policy. Further information on privacy can be found on the website for the Office of the Australian Information Commissioner at www.oaic.gov.au.

TTSC's Collection of Your Information

The TTSC usually collects your personal information directly from you. For example, the TTSC collects information from you when you engage its services. The types of information we collect about you usually includes your name, date of birth, contact details, mobile phone number, GST status, credit card and bank account details. With your consent, we may also collect a copy of the documents you provide us in order to verify your identity, such as your driver's licence or passport, and information relevant to your fitness to be involved in racing, including information on your experience, the licences you hold, your employment and your educational history.

The TTSC collects information from you when you fill out an application form, visit its website (www.ttsc.com.au), speak to us over the phone, or when you send the TTSC e-mail or a facsimile. The TTSC may collect information about you that is publicly available, including from other websites, company information registers and racing publications. The TTSC may also collect information about you from third parties, including the Principal Racing Authorities ("PRA's") in each state and territory and any referees you nominate in an application form.

The TTSC only collects sensitive information, such as information about your criminal record, with your consent.

TTSC's Collection of Your Information

    The TTSC may use or disclose the information it collects about you for several purposes, including: to contact you;
  • to identify you;
  • to consider your request for TTSC's products or services;
  • to provide TTSC's products or services to you;
  • to facilitate the thoroughbred racehorse syndication process;
  • to tell you about the TTSC's products or service (you may contact us at any time to let us know if you do not want to receive information about TTSC's products or services).

The TTSC may also disclose your personal information to government enforcement agencies, appeal bodies, race clubs, the Australian Stud Book, wagering service providers or other authorities as required, but only for one or more of the purposes described above or if the TTSC believes that the disclosure is reasonably necessary for law enforcement either by or on behalf of an enforcement body or the disclosure is authorised or required by law.

In providing you with a racehorse syndication services through the TTSC, the TTSC may disclose personal information, including the documents you provide us in order to verify your identity, such as your driver's licence or passport to AUSTRAC for compliance purposes. The TTSC may also disclose your personal information to ASIC but only with your consent or where disclosure is authorised or required by law.

The TTSC may disclose certain information, including your name and contact details and information about horses owned by you ("Racing Information"), as well as information relevant to your fitness to be involved in racing, to Principal Racing Authorities (PRA) in order to:

  • enable PRA's to fulfil their regulatory responsibilities;
  • promote and protect the integrity of the sport to ensure compliance with the Rules of Racing; and
  • to enable PRA's to communicate with you including for promotional, marketing and publicity purposes.

The TTSC does not generally disclose any personal information to overseas recipients (although the TTSC website can be accessed from countries outside Australia).

TTSC Anti-Money Laundering and Counter-Terrorism Financing Program (AML/CTF Program)

As of 1 November 2011 it became mandatory for all businesses with obligations under the Anti-Money Laundering and Counter-Terrorism Financing Act 2006 (Cth) to be enrolled on AUSTRAC’s Reporting Entities Roll. This obligation applies to all businesses that provide a ‘designated service’ under section 6 of the AML/CTF Act.

To do so, the TTSC has adopted a special AML/CTF program. Under this program, the TTSC follows a set of customer identification and verification procedures to confirm the identity of new customers and thus be confident that the customer we are dealing with is the person they claim to be. In implementing the AML/CTF program, the TTSC will comply at all times with this Privacy Policy and its obligations under the Privacy Act.

Updating the Information we have about you

The TTSC uses its best endeavours to ensure that the information it holds about you is accurate, complete and up to date. You have a right to seek access to and correction of your personal information held by the TTSC. If you would like to know what information the TTSC holds about you or would like the TTSC to correct the information it holds about you, you can send your request to the TTSC by email or in writing.

Email:privacy@ttsc.com.au or via mail:

Mail:

Privacy Officer
TTSC
Level 1
Racing Centre
400 Epsom Road
Flemington VIC 3031
Please allow 14 days for your request to be processed.

Compliants

If you have concerns about how the TTSC has managed your personal information or believe that the TTSC has breached the Privacy Act, please contact us by email or in writing at the address listed above.

The TTSC will respond to you in writing about your complaint within a reasonable time. If you are not satisfied with our response, you have a right to apply to the Office of the Australian Information Commissioner to have your complaint heard and determined.

Security of the information the TTSC stores about you

The TTSC takes all reasonable steps to keep secure any information that is held about you. The TTSC collects and holds information about you in hard-copy and electronic form.

Hard-copy documents are kept in secure archive facilities at the TTSC office. Electronic records are linked to other information held about you in the TTSC's secure electronic database.

The TTSC and links to other websites

The TTSC provides links to Racing Australia's and other external websites. These externally linked websites are not under the control of the TTSC, and as such the TTSC is not responsible for the privacy practices or content of companies linked to the TTSC website. Before disclosing your personal information on any other website, we advise you to examine the privacy policies of those websites.

Future changes to the TTSC Privacy Policy

The TTSC may update its Privacy Policy by publishing an updated version of the policy on its website.

TTSC Conflict of Interest Policy

The Conflict of Interest Policy applies to the services provided by the Offeror and/or the Promoter.

The TTSC Conflict of Interest Policy applies to the services provided by the TTSC.

As a business we have relationships and receive income from various parties. We will use our best endeavours to ensure that the quality of our service is not compromised by any conflict of interest and that our actions are transparent at all times.

We will disclose to our clients any conflicts that may be perceived to impact any general advice that we offer.

All TTSC employees are employed on the basis that they do not have or enter into any business interests, direct or indirect, which conflict or might reasonably be expected to conflict with the business of the TTSC.

Should any conflict situation that exists or arises it should be communicated in writing to the Chief Executive Officer of Racing Australia.