This section outlines the personal and entity disclosure requirements when applying for the following:
- Horseperson
- Racetracks
- Fairs
- Teletheatres
- Pari-Mutuel Operators
- Claiming Certificates
- Estate/Trust and Stable Licences
- Thoroughbred/Quarter Horse Leases
- Partnership Registrations
Definitions
Sole Proprietorship - The business is owned by one individual and is NOT an incorporated business.
Corporation - The business is incorporated.
Partnership - The business is owned by two or more partners who carry on business together, registered under the Partnerships Act or Limited Partnership Act.
Shareholder - An individual or entity that holds ownership through holding shares.
Racetrack Operator Licence
Applicants applying for a Racetrack Operator licence will be required to provide the name of any associated individuals, entities or corporations as follows:
- Officers and Directors
- Key employees*
- Shareholders holding 5% or more ownership interest.
*Key employees are those in areas of responsibility affecting the operation of the racetrack. These employees must hold a valid Association Official licence.
Persons named above will be required to provide personal disclosure information. Entities will be required to provide details of incorporation as well as a schematic diagram of corporation relationships.
Stable Licences – Standardbred, Thoroughbred, Quarter Horse
Applicants applying for a stable licence must:
- Be active participants in the breed of racing for which they are applying to be licenced
- Provide a list of names of directors, shareholders and partners required under rule to be licensed
- Standardbred stables must first be registered with Standardbred Canada or the United States Trotting Association
Estate/Trust Licences: Standardbred, Thoroughbred, Quarter Horse
Applicants applying for an Estate/Trust licence must:
- Be active participants in the breed of racing for which they are applying to be licenced
- Provide a list of names of directors, shareholders and partners required under the rule to be licensed
- Ensure the representative of the estate/trust has a valid AGCO Owner Licence
- Ensure that any individual or entity holding or controlling five per cent (5%) or more of an entity is licensed appropriately for that ownership (e.g. Owner, Stable Licence, Partnership Registration)
Fair or Non-Extended Meet Licences
Applicants applying for a Fair or Non-Extended Meet licence, who are Directors, must provide disclosure information.
Key employees are required to have a valid Association Official licence.