PART 3 - OWNERS - (E)27 to (E)92

66. Cancellation of registration of a racing partnership

66.1 The registration of a Racing Partnership shall immediately cease to be valid if

66.1.1 at any time there are fewer than two Nominated Partners,
66.1.2 any of the partners in the partnership becomes a Disqualified Person,
66.1.3 it appears to the Authority that any of the partners in the partnership was already a Disqualified Person at the time the application was made for registration of the racing partnership,
66.1.4 a Nominated Partner fails to provide within a reasonable time any information required by the Authority or The Racing Calendar Office, or
66.1.5 the Authority gives a direction under Paragraph 66.2.

66.2 The Authority may at any time direct that the registration of a Racing Partnership shall cease to be valid

66.2.1 if it appears to the Authority that any of the partners in the partnership has ceased to maintain an interest in each horse in the ownership of the partnership,
66.2.2 if any action, proceedings or arrangement under any insolvency or bankruptcy law is taken by or against any Nominated Partner in respect of his affairs,
66.2.3 if the Authority considers that appropriate financial arrangements are not in place for the purposes of securing payment of all fees and the receipt of all payments which are due from the owner in connection with racing, or
66.2.4 in such other circumstances as the Authority considers appropriate.