The following conditions apply to the leasing of racehorses:
- Up to ten individuals or a combination of individuals and registered syndicates may race a horse under Lease.
- A Lease Agreement should be obtained from the Registrar of Racehorses or the Principal Club in the State in which the horse is to race.
- The Agreement should be completed by the parties concerned, checked carefully before signing and any alterations or additions must be initialed by all parties.
- The Agreement should be lodged with the Registrar of Racehorses or the Principal Club together with the relevant fee. The fee for a lease in New South Wales is $50.00. Principal Clubs in other states should be contacted regarding the current fee.
- When the Lease is recorded a Lease Endorsement Certificate will be returned to the Manager or a nominated person.
- The Trainer should lodge a Stable Return in the names of the Lessees.
- A Lease may be taken out for a period of time from one day to an agreed number of years. It is for racing purposes only.
Click here to download the Lease of Horse form for horses to be raced in NSW.
Cancellation of a Lease
In order to cancel a current lease, ALL lessees must sign a Cancellation of a Lease Form, specifying the date the Lease is to be cancelled.Click here to download the Lease Cancellation form for horses whose Lease was completed in NSW.