Racing Australia Annual Report 2015
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ABOUT RACING AUSTRALIA
RACING AUSTRALIA PTY LTD –
THE COMPANY
In September 2014 Racing Information Services
Australia Pty Ltd (RISA) purchased the assets of the
Australian Stud Book (ASB) and Australian Genetics
Testing Pty Ltd (AGT).
Subsequently on 13 April 2015, RISA along with its
assets the ASB and AGT merged with the Australian
Racing Board (ARB) to form one entity named Racing
Australia Pty Ltd. On 30 June 2015, Racing Australia
Pty Ltd converted from a proprietary company to a
public company named Racing Australia Limited.
The primary object for which the Company is
established is for the encouragement and promotion of
the Thoroughbred industry by, amongst other things:
a) adopting, administering and amending the Australian
Rules of Racing and the Rules of the Australian
Stud Book;
c) ensuring the integrity of Thoroughbred breeding in
Australia including maintaining the officially published
records of Thoroughbred bloodlines in Australia, in
accordance with the Australian Stud Book Rules;
c) establishing and conducting a national consolidated
Racing Materials and information services business to
service the Australian horse racing industry and other
users of horse Racing Materials, including:
(i) developing a consolidated national uniform and
standard system for the collection, processing,
storage, dissemination and protection of
Racing Materials;
(ii) establishing and maintaining participation in such
a consolidated national uniform and standard
Racing Materials system by the Principal Racing
Authorities and all others integral to the successful
conduct of such system; and
(iii) developing procedures to maximise the integrity,
and minimise duplication and data cleansing
costs, with respect to all Racing Materials
collected, processed and disseminated in the
conduct of such a system;
d) maintaining information regarding the ownership
and identity of Thoroughbred racehorses for racing
in Australia and for export including acting as the
Registrar of Racehorses in accordance with the
Australian Rules of Racing;
e) to conduct an efficient low-cost operation; and
f) the allocation of surplus funds by way of grants to the
Principal Racing Authorities in accordance with the
principles of allocation set out in the Racing Australia
Constitution for the purposes of encouraging and
promoting horse racing in each of the States and
Territories of Australia under the control of the various
Principal Racing Authorities.
