Rules and policies / Greyhound Syndicates Policy
The Syndicates Policy formally sets out the registration requirements for syndicates and promoters as these are no longer included in the Greyhound Racing Rules.
The policy introduces Public and Private Syndicates and phases out Partnerships. Syndicates must be registered with GWIC.
A Private Syndicate refers to a syndicate of at least two people that is formed for the purpose of owning a greyhound. Members of a private syndicate must know each other before forming a syndicate. There is no limit to the number of members a Private Syndicate may have.
A Public Syndicate is a syndicate formed for the purpose of owning greyhounds but is formed through a public offer that is open to anyone.
All syndicates must have a Syndicate Manager and this person must be registered as a GWIC participant. For more information on how to apply for a GWIC registration, please refer to our Participant Registration page.
Promoters of Public Syndicates are required to register with GWIC, as per the Regulation. Information on how to apply for a promoter’s registration can be found here.
Read the full Syndicates Policy here.
For more information on syndicates, please refer to our Frequently Asked Questions (FAQS) or to the fact sheets below:
How do I apply for a Public or Private Syndicate?
An application for a Public or Private Syndicate can be found here.
Benefits of the Syndicates Policy
The future sustainability of the industry and welfare enhancements for greyhounds is reliant upon increased investment in the industry. The Commission and industry stakeholders are of the view that the policy will increase investment in greyhound racing by removing regulatory barriers that currently deter people from investing in the industry, for example, new syndicate members will not need to go through the Commission’s registration processes.
The new policy does not create additional regulatory requirements for public syndicates, but merely reflects the requirements of the Corporations Act 2001 relating to management investment scheme, which public syndication represents.