Tanvally Racing Club (“The Club”) confers on the member(for the duration of their membership with the club) certain benefits associated with the club’s Free Lease of named horses currently in training.
The benefits are as follows:(a) an opportunity to follow horses Free Leased by the club; (b) to share the club’s colours; and (c) where available, to receive a share in any of the prize money won by the Club’s horses in accordance with the terms and conditions herein.
(i) Membership is effective for a full period of 12 months from whatever date the member joins.
(ii) upon completion of the first 12 months membership period, any member who decides to renew, will be entitled to a loyalty discount from the full cost of membership.
(iii) Prize money won by the horses (see (iv) below) during the period of membership is distributed equally amongst the Members (currently approx. 20) at the end of the Members 12 months membership period. There can never be any guarantee of any future level of prize money, given that this is dependant on how well the horses perform on the racecourse and the quantity of members at the point of each race.
(iv) The sum distributed to Members per specific race is determined by the relative net total paid to the club (excluding VAT). In all circumstances the 12 months membership fee is not subject to any additional requests for payment In relation to the keeping and training of the racehorses, no matter what costs the club may incur.
(v) Membership is primarily an entertainment. It is not an investment opportunity.
(vi) If the Member chooses not to renew at the end of the 12 months period, the membership shall expire. There is no commitment to remain a Member after the 12 month period has expired. Members who pay by Direct Debit will have their membership automatically renewed at the end of the 12 month period. A renewal notification will be dispatched to all Direct Debit payers to inform them of the new payment dates and amounts, giving them time to inform Tanvally Racing club to prevent renewal if they wish to do so.
(vii) Hospitality events linked to a race meeting are at the owners expense while visits and events at the stable are complimentary.
(viii) When the Club has a runner, all member will be Informed by the Club administrator who will endeavour to keep Members up-to-date with trainer information regarding the winning chances of the horse and this information must not be conveyed by Members to other people.
(xiv) All decisions relating to the horses, trainers, administration, and general management, shall be vested in the owner Mrs Sarah Dawson (x) Flash photography is not permitted at any racing yard.
(xi) Membership is for personal use only and cannot be utilised for any commercial purpose.
(xii) Copyright of all published material is the property of the Club. Materials submitted by Members (letters to the editor, photographs etc) must be their own work and the full copyright shall pass to the Club. Photographs are not normally returned.
(xiii) Members must be aged 18 or over.
(xiv) It is understood by the Member; (a) Full and equitable title to the horses referred to In paragraph(1.) above remain at all times with Sarah Dawson (b) At no time does the Member have a legal or equitable interest in any one or more of the horses referred to above (or any share thereof); and (c) all rights conferred to the Members of the Club are personal to the Member alone and may not under any circumstances whatso ever be gifted, bequeathed, sold, assigned, leased, form part of a loan, offered or granted as security to any third parties.
(xv) The name “Tanvally Racing club” and the Club Logo, and the names are registered trade marks.
(xvi) Any person who is banned from entering a racecourse and / or “warned off” by the HRI , cannot be a member of Tanvally Racing club.
(xvii) Tanvally Racing club reserves the right to amend these terms and conditions at any time.
(xviii) In the case of the dissolution of the club all monies owed to The HRI will be paid as a priority.
Sarah Dawson, Managing Director