APPOINTMENT AS AN AUTHORISED REPRESENTATIVE
A one off 'sign-on' fee is charged when you and your incorporated body have met the required criteria and been duly appointed as an Authorised Representative of Stable Connect.
You will be acting as an agent of Stable Connect therefore we are responsible for your actions and will be providing supervision in respect of the compliance elements of your activities. This includes ongoing monitoring to ensure you are acting in accordance with our guidelines, the Lead Regulator and the ASIC Instrument. Included in this fee is your ongoing professional indemnity insurance cover under the Stable Connect policy.
FEE PER SYNDICATION
For each horse you syndicate we will review the Product Disclosure Statement (PDS), Syndicate Deed and marketing materials associated with the syndication to ensure it complies with the Lead Regulator’s guidelines. We will also as establish and administrate the bank account whilst the horse is under offer.
We will charge you a once only fee per syndication payable upon approval of the syndicate by the Lead Regulator.
Please contact us for more details.