Transfer of Ownership
The Rules of Racing make it compulsory for all transfers of ownership to be recorded for registered racehorses. The following conditions apply when completing a transfer of ownership:
- A transfer of ownership is not official until approved by the Registrar of Racehorses or Deputy Registrar of the Principal Racing Authority (PRA) in whose area the horse is to race.
- The completed transfer of ownership form should be lodged with the PRA together with the relevant fee.
- The first named person appearing in the new ownership section shall be recorded as the racing manager and all correspondence shall be sent to that person unless otherwise stated.
- All outgoing owners are required to sign the transfer of ownership, OR an auctioneer acts as an agent of the owners and has the authority to sign the contract of sale. The transfer form documents the sale. As such, the auctioneer has the authority to sign the transfer form
- Except in the case of an auctioneer signing this form, if any transfer is being signed under Power of Attorney or Letter of Authority, a copy of such authority must be provided when lodging the transfer
- If no one is leaving the ownership, just altering the percentages, the new details need to be completed on the
Change of Owner Share Percentage form
- ‘ The Document of Description/Thoroughbred
Identification Card does not need to be sent in for a
transfer of ownership.
- When the transfer of ownership is completed a Transfer Endorsement Certificate will be returned to the manager or a nominated person.
- The trainer should lodge a Stable Return in the names of the new owners.
Click on the links below to obtain a Transfer of ownership form from your Principal Racing Authority.
