BHA announces reforms to ownership system
BHA: will revamp owners' registration, administration and fees
PICTURE: David Baxter BHA reveals reforms to ownership system By Jack Haynes 11:13AM 25 OCT 2016
THE BHA on Tuesday announced plans to launch a new and long-called-for digital system for the administration and registration of owners, replacing the antiquated system currently in use.
The simplification of ownership types and the consolidation of fees associated with ownership are also part of the reforms, which have been devised following feedback to the official governing body from owners.
Charlie Liverton, chief executive of the Racehorse Owners Association (ROA), said: "Owners have long-complained that their first steps on the road to ownership were characterised by red tape and confusing ownership structures followed by numerous fees.
"The ROA is delighted that the planned reforms will greatly reduce these hurdles, ensuring that both existing and new owners can concentrate on the more enjoyable aspects of our thrilling sport.
"Given owners are the single biggest contributors to racing, investment in these reforms is very much welcomed."
More to follow . . .