Terms and Conditions

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Thoroughbred Solutions Pty Ltd is a registered company (ABN) This document outlines the agreement between parties. It applies to all horses offered by Thoroughbred Solutions. Purchase in shares by individuals constitute acceptance of all terms and conditions.

This agreement comes into effect from purchase.

• Each horse will be managed by Thoroughbred Solutions stipulated by the rules  provided by under the Product Disclosure Statement.
• Kavanagh Racing will provide training and agistment services for Thoroughbred solutions under their training and fees agreement..
• Managers remuneration - percentage of prizemoney and bonuses on all Listed, Group and special condition wins (eg Magic Millions)- capped to a total of 2.5% of total prizemoney and bonuses.
• Thoroughbred Solutions reserves the right to charge 5% of the Gross Sale Price of horse under its management when sold.
• Lifetime Servicer Rights -2 (applies if horse is an entire retired to stud)
• Thoroughbred Solutions will provide a minimum of 2 weekly updates on your horse from management commencement. These will be either video, audio, text via email to each individual owner.
• Owners may request visitation of their horse via appointment organised by the manager and trainer at a suitable time for all parties.
• Thoroughbred Solutions provide full transparency, disclosure and integrity. The costs associated with securing your share reflect the PURCHASE PRICE + ALL COSTS + GST out to a forward date of approx 6 months. All costs are fully disclosed including 

                                  - Fall of the hammer horse purchase price + GST

                                  - Sale - Veterinary Costs (x-rays, scope)

                                  - Saleyard Costs- Sales expenses apportioned pro-rata across all yearlings purchased for syndication (staff transport, accommodation, consultancy fee, photography, pedigree ratings software, video production)

                                   - Administrative costs - Insurance

                                   - Race series payments - Magic Millions, Inglis, Golden Slipper/Blue Diamond nomination, VOBIS/VOBIS Gold

                                    - Horse Husbandry Costs - Transport, Agistment, Breaking-in, Stable education for the life of the PDS

                                     - Miscellaneous Costs - General Veterinary, Dentist, Farrier

                                     - Set-up and Promotional Costs - Proportioned across all promotions. Postage, printing, stationary, telephone, email, marketing and promotion, Bank fees, merchant fees. IT service provider, advertising.

                                      - Statutory Costs - Costs incurred to comply with PDS and AFSL requirements. 

                                       - GST

• Your share in a horse is a disposable asset. Once Thoroughbred Solutions take over managing the horse you are liable for the upkeep of the horse until disposal. Thoroughbred Solutions reserves the right to charge a 1.5% interest on outstanding balances over 60 days.