These terms and conditions (“Terms”) set out the contractual basis on which the Stuart Edmunds Racing Club (“SERC”), registered at 28, Pearse Grove, Walton Park, Milton Keynes MK7 7HD, allows the person (“Member”) who subscribes to membership (“Membership”) of SERC to have access, for the duration of their Membership, to certain benefits associated with the SERC ownership of the horses.
These Terms are in full compliance with the British Horseracing Authority (“BHA”) Shared Ownership Regulation “Racing Club Code of Conduct” effective 1st May 2021. http://media.britishhorseracing.com/bha/rules/Ownership/Racing_Club_Code_of_Conduct_FAQs.pdf?utm_source=Racecards+-+28+April&utm_campaign=ac03cebd4e-EMAIL_CAMPAIGN_2018_02_20_COPY_01&utm_medium=email&utm_term=0_ea47eb6d0f-ac03cebd4e-105446502
The Club is registered at the BHA as “The Stuart Edmunds Racing Club”. The “Club Managers” are:
Members will be entitled to the following benefits:
SERC Membership fees will be all inclusive and cover the following costs:
In all circumstances the annual Membership fee is not subject to any additional requests for payment in relation to the keeping and training of the horses, no matter what costs SERC may incur.
SERC Membership fees are payable either up front at a discounted rate, or monthly by Direct Debit. Non-payment of the fees on the monthly payment plan when they are due constitutes a material breach of the Terms. It is vital to the running of the Club that all payments due are made on time. Provisions should be made to ensure there is no instance where non-payment occurs. Members who fail to pay membership fees for two consecutive months are deemed to be in arrears and shall have their membership made void. Any monies owed to an individual shall be held by the club. Expulsion of non-paying members shall be made by the management of Stuart Edmunds Racing Club to protect the interests of other members.
Consumer legislation gives a Member the right to cancel a new contract they enter into with SERC within 14 days of the date it is agreed. A Member can cancel their new Membership by returning their membership pack within 14 days of purchase and SERC will refund their payment in full.
If, for any reason, it is decided to close SERC, Members will receive a full refund of all Membership fees paid in advance (on a pro rata basis) and their share of any prize money won in accordance with these Terms.
A Member may opt to leave SERC by offering 90-day’s notice to the Club Managers in writing. Any monies paid by the Member relating to the period after the notice period will be repaid to the Member. However, the resigning Member will forfeit all rights to any prize money payments that would have been due at the termination of the contract.
SERC Members will be subject to, and regulated by, certain provisions of the Rules of Racing for the duration of their Membership with explicit reference to the following chapters (which may be subject to change from time to time on notice by the BHA): (J) Integrity and (L) BHA Investigations and Disciplinary Action.
Where a Member regularly fails to abide by SERC, racecourse or BHA rules, including wearing the relevant dress code or acting in a manner which could cause embarrassment, offence or distress to another person, or a Member is warned due to the consumption of alcohol, that Member may be barred from attending any future SERC events and may not be able to renew his/her SERC Membership. The decision of the Club Managers in such circumstances shall be final and binding.
Any person who is banned from entering a racecourse and/or “warned off” by the BHA, cannot be a Member.
In the case of a disagreement with another Member, or the Club Managers, the following process will be followed:
The BHA is not able to act as a mediator in the case of a dispute between Members and Club Management. However, if the Member believes that Club Management have breached the Rules of Racing (including the Racing Club Code of Conduct), this should be reported to the BHA for investigation.
In view of the unpredictable nature of owning and racing racehorses, except as set out expressly in this agreement, no guarantees or warranties whatsoever are made by SERC. The Member acknowledges and accepts that participation in SERC is for the purpose of sharing in the enjoyment of the horses and horse racing and not for investment purposes.
SERC reserves the right to amend these Terms at any time.
The law governing this Agreement shall be the law of England.
Sponsored by The Oakman Group
Copyright 2024 Edmunds Racing Website designed by The Smarter Web Company
The Croft Farm,