Final Approval for a licence is issued in the form of a letter and will stipulate certain terms and conditions that must be agreed to by the Applicant. Depending upon the timing, the Final Approval may be issued with the physical licence in late December of each successive year.
The Registrar may, at any time, make a decision to:
A physical licence is issued in December of any year in which the racetrack intends to start the racing operations, granting the Racetrack Operator authority to operate. It is the responsibility of the Racetrack Operator to apply to renew the licence each year.
Under the Act, the Registrar has the power to affect the status of a licence as follows: