New South Wales trainers will need to provide the regulator with personal and business Australian Taxation Office (ATO) Assessments for last financial year before their licence is renewed for next season.
Racing NSW will also require trainers to sign a statutory declaration stipulating that they and their training operations are “financially viable” and are capable of meeting their creditor and employee entitlements including superannuation.
In a letter sent to trainers, signed by Racing NSW operations manager - integrity Michael Cleaver, the regulator outlined the increased demands as part of the annual licensing approval process.
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