The TTSC Racehorse Syndication Service provides a low-cost service to assist with the compliance requirements as set out in the Australian Rules of Racing, ASIC Corporations (Horse Schemes) Instrument 2016/790 and its updated Regulatory Guide 91 (August 2016).

The TTSC Racehorse Syndication Service complies with all Principal Racing Authorities requirements in their role as ASIC’s nominated Lead Regulator.  The TTSC acts on behalf of its clients when and where required as Promoter while overseeing its Authorised Representatives ensuring owners receive unencumbered title, pro-rata to share holding. In addition, any shareholder that buys into a scheme receives full consumer protection in any interest they acquire within an offer, the TTSC ensures no interests are registered within the personal property security register (PPSR).

The Australian Rules of Racing in conjunction with ASIC Corporations (Horse Schemes) Instrument 2016/790 permitting 50 or less investors to buy into any approved offer where the scheme value does not exceed $500,000.00 (inc. GST).

AFS Licence Details

  • The TTSC holds an Australian Financial Services Licence (No. 288 213) to deal in a financial product by:
    • issuing, applying for, acquiring, varying or disposing of a financial product in the respect of the following classes of financial products:
      • interests in managed investment schemes limited to:
        • horse racing schemes only;
          • to retail clients.
  • The TTSC is not authorised to provide personal advice (being advice that takes into account a person’s objectives, financial situation and needs) in relation to a Horse Racing Scheme.
  • The TTSC does not charge for general advice relating to the acquisition of an interest in a Horse Racing Scheme.
  • The TTSC’s charges are published in each relevant Lead Regulator approved Product Disclosure Statement.

Preparation, Approval of a Product Disclosure Statement (PDS) for a Horse Racing Syndicate Scheme

  • The TTSC Racehorse Syndication Service prepares each Product Disclosure Statement (PDS) for each client so its ready for review and approval by the appropriate ASIC nominated Lead Regulator.
  • As the AFSL holder the TTSC assists with preparation, creation, review of all advertising (regardless of format) that relate to the horse racing scheme.

Maintenance of records for Horse Racing Schemes

  • Maintain a separate bank account for each offer for depositing monies relating to each horse racing scheme’s operation.
  • Collection of identification (know your client).
  • Once fully subscribed, notify and register the scheme as required by Lead Regulators.
  • If the scheme is not fully subscribed monies are repaid to consumers that were deposited*.

Benefits for your business

    • The TTSC Racehorse Syndication Service ensures:
  • Clients have peace of mind knowing they have complied with all of the relevant Australian Rules of Racing for each Horse Racing Syndicate, along with any (Horse Scheme) Instrument 2016/790 or its updated Regulatory Guide 91 (August 2016) requirement and any other conditions as outlined within the Corporations Act.
  • The TTSC Racehorse Syndication Services lists shares for sale in your thoroughbred on its website at no additional cost.
  • Ensure clients are able to provide a professional horse racing syndication service, owners receive full disclosure about the ongoing costs along with any terms and conditions the nominated trainer may have.
  • The TTSC actively assists in the promotion of shares for sale in the thoroughbred.
  • Ensure information is current, thus, making the most of the latest race result!


  • From $2,770.00 (inc. GST) for Authorised Representatives and $4,290.00 (inc. GST) for clients who are commencing as a professional business and are not yet holder of an Authorised Representative number issued by the TTSC.  Compliance costs are correct as of July 1st, 2021.


Information retained by the TTSC Racehorse Syndication Service is for the purposes of managing compliance requirements for its day-to-day business affairs under its Privacy Policy, the Australian Rules of Racing, ASIC’s AFSL,  Federal and State Governments, and AUSTRAC requirements.  Information that’s collected will not be shared with other parties without your express consent, or when required by law.

Want to know more? – Please Contact Us.

Print Friendly, PDF & Email