Legislation
- Corporations Act, 2001.
- Corporation Regulations, 2001.
- Financial Services and Markets Act, 2000 (UK).
ASIC Legislative Instruments
- replacing CO 02/319 [Horse racing] issued by ASIC on 15/02/2002 (as amended);
- replacing CO 98/65 [Horse racing] issued on 14/07/1998;
- replacing Policy Statement 20 – Horse racing schemes, issued on 04/05/1992.
Explanatory Memorandum for ASIC Corporations (Horse Schemes) Instrument 2016/790 issued on 26/08/2016.
ASIC Regulatory Guides
-
RG 91 [2016] – Horse breeding schemes and horse racing syndicate:
- replacing RG 91 [2012];
- replacing RG 91 [2007];
- replacing Policy Statement 20 (Horse Racing Schemes) issued in 1996.
- RG 97 [2017] – Disclosing fees and costs in PDSs and periodic statements:
- replacing RG 97 [2011];
- replacing RG 97 [2007].
-
RG 168 [2011] – Disclosure: Product Disclosure Statements (and other disclosure obligations):
- replacing RG 168 [2010];
- replacing RG 168 [2007].
Promoters Policy Guides and industry communiques
- Racing NSW (“RNSW”)
- Guidelines for Promoters re Product Disclosure Statements [Jan 2017].
- Pro forma Product Disclosure Statement.
- Information for Prospective Owners – Promoters may include Management Fees in PDSs].
- Racing NSW – Guide to Ownership Costs.
- Industry communique issued 1 June 2004.
- Racing Victoria (“RV”)
The Australian Rules of Racing (“ARR”).
Cases
- Andrew Brown (and others) v InnovatorOne Plc (and others) [2012] WHC 3121.
- Asset Land Investments Plc v Financial Conduct Authority [2016] UKSC 17
- Australian Softwood Forests Pty Ltd v A-G (NSW); Ex Rel Corporate Affairs Commission (1981) 148 CLR 121, 133, at page 6 (para 25).
- ASIC v Enterprise Solutions 2000 Pty Ltd (2000) 35 ACSR 620.
- ASIC v Chase Capital Management Pty Ltd (2001) 36 ACSR 778.
- ASIC v IP Product Management Group Pty Ltd (2002) 42 ACSR 343.
- ASIC V McNamara (2002) 42 ACSR 488. Also referenced as [2002] FCA 1005
- ASIC v Pegasus Leveraged Options Group Pty Ltd & Anor [2002] NSWSC 310.
- ASIC v Takaran Pty Ltd [2003] 1Qd R 135 at 146 [17].
- ASIC v Young & Others [2003] QSR 029
- Ballantyne v Raphael (1889) 15 15 VLR 538.
- Bermuda Cablevision Ltd and Others Appellants v Colica Trust Co Ltd Respondent [1998] AC 198
- Brookfield Multiplex Limited v International Litigation Funding Partners Pte Ltd (No 3) [2009] FCA 450.
- Burton v Arcus (2006) 57 ACSR 468; Appeal (2006) WASCA 0071.
- Butler v JSL Racing Pty Ltd (26/03/2013 VSC unreported)
- Edgelow v MacElwee [1918] 1KB 205.
- Enviro Systems Renewable Resources P/L v ASIC [2001] SASC 11
- Hungier V Grace (1972) 127 CLR 21.
- Hyde v Sullivan (1956) 56 SR(NSW) 113.
- Racing Appeals Tribunal Vasili Decision 12 June 2019
- Risqy Limited [2008] QSC 107.
- Risqy Limited (No 2) [2008] QSC 139, at 5.
- The Russell-Cooke Trust Company v Elliott (No 1, unreported and No 2, 16 July 2001, unreported).
- Smith v Anderson 1874-80 All ER Rep 1121.
- United Dominions Corp v Brian Pty Ltd (1985) 157 CLR 1 at 15
- WA Pines Pty Ltd V Hamilton [1980] WASC 184