Ownership Transfer Fees
Definition
Transfer of Ownership forms mandate fees: NSW/ACT $110 (+$40 additional horses), VIC/SA/TAS/QLD/NT $110, WA $112. Cheque payments incur extra $16.50 processing fee in NSW/ACT.
Key Findings
- Financial Impact: AUD 110-112 per transfer + AUD 16.50 cheque fee[1]
- Frequency: Per horse ownership transfer
- Root Cause: Statutory fees by Principal Racing Authorities for registration and administration
Why This Matters
The Pitch: Racetrack owners in Australia pay AUD 110+ per horse transfer. Automation of fund transfers reduces fee accumulation and cheque processing costs.
Affected Stakeholders
Owners, Managers, Deputy Registrars
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Transfer Fees for Claiming Races
Delayed Prize Money from Incomplete Transfers
Claiming Race Processing Delays
Unauthorized Stall Billing Abuse
Barrier Stall Positioning Delays
Unallocated Stall Usage Fines
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