Template Fees Notice

From 1 August 2017 the Australian Rules of Racing will enable both the introduction and operation of the Trainer and Owner Reforms (TOR). The TOR introduces the TOR Rules (which are part of the Australian Rules of Racing), a standard agreement between owners and trainers, and a standard agreement between co-owners. More information can be found at www.racingaustralia.horse.

  • Under the TOR Rules a Fees Notice must be provided by the Trainer to the Managing Owner: (i) by 29 August 2017 for existing arrangements; (ii) by 5 September 2017 for new arrangements made up to 29 August 2017; or (iii) within 7 days of a Trainer being appointed for new arrangements made after 29 August 2017.
  • If the Managing Owner does not object to this Fees Notice within 14 days of it being provided, the basis for charging set out is deemed to have been accepted.
  • It is not possible for the Trainer to indicate to the Owner in advance the exact total monthly/yearly cost for training a horse. This is because while some fees are charged at a fixed daily rate (e.g. daily training fee), others are variable (e.g. per treatment for veterinary services). Also, horses vary in the rates at which they mature and progress, including while on agistment and through each preparation, which can influence the total fees for a particular horse.
  • Race entry fees are not included in this Fees Notice – they are additional to the costs set out herein. The Trainer should inform the Managing Owner of those fees as soon as practicable.

TOR IS A SET OF NEW RULES AND STANDARD CONTRACTUAL TERMS WHICH WILL APPLY TO ARRANGEMENTS BETWEEN OWNERS AND TRAINERS.

THE NEW TERMS WILL STREAMLINE THE PROCESS FOR TRAINERS BEING PAID BY OWNERS.

Racing Australia Limited (ACN 105 994 330) (and other parties working with it)
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