Racing NSW Stewards have continued a hearing which commenced on the 29th May 2012, relative to two horses purchased from the William Inglis & Sons 2011 Classic Yearling Sale by registered stablehand Mr Neville Auld trading as Centaur Bloodstock Services Pty Ltd.

Evidence was taken yesterday from Mr Auld and his employer licensed trainer Mrs Gai Waterhouse. Registered foreman Mr Mark Newhan was also in attendance.

Written statements were tendered by:-

Mr Dexter Sullivan and Ms Denise Scriven
Mr Pat Fenaughty and Mrs Desiree Fenaughty

Mr Auld under AR175(k) was found guilty of breaches of the rules of racing in that he breached AR69P by promoting shares in the following horses when he was not the holder of an Australian Financial Services Licence and was not on the Racing NSW Register of Promoters.

- 2009 Henny Hughes x What a Rainbow colt
- 2009 Charge Forward x Queen of the Lake colt (registered as Tahoe)

Further, Mr Auld pleaded guilty to improper actions under AR175(a) in that after receiving share payments for the 2009 Henny Hughes x What a Rainbow colt he did improperly fail to pay the bloodstock agent resulting in shareholders being denied custody and title of the said horse.

Further, that Mr Auld improperly withheld monies owning to shareholders Mr Dexter Sullivan and Mrs Denise Scriven when the Charge Forward x Queen of the Lake colt (registered as Tahoe) was on-sold.

In respect to the breach under AR175(k) (relative to AR69K and the breach under AR175(a) Mr Aulds stablehands licence was suspended for periods of twelve months, both periods to be served concurrently and expiring on the 7th June 2013.

Under the powers of AR196(4) Stewards suspended the operation of the penalties for twelve months conditional upon Mr Auld remaining an employee of Mrs Gai Waterhouse and adhering to his current repayment arrangements to the bloodstock agent for the outstanding monies and also making arrangements to satisfy the debt to Mr Sullivan and Ms Scriven.

Mr Auld was advised that should he leave Mrs Waterhouse’s employ without the Stewards knowledge and consent or should he fail to meet any repayment deadline the periods of suspension will be automatically invoked.

Stewards have arranged for the Foal Identification Card for the Henny Hughes x What a Rainbow colt to be forwarded to the shareholders and for the shareholders to take custody of that horse.