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

80. Cancellation of a lease or other arrangement

80.1 Registration under Rule 75 shall immediately cease to be valid if

80.1.1 any of the Persons listed in Rule 76.1.2 ceases to be registered in his own right under Chapter 2, or
80.1.2 the Authority gives a direction under Paragraph 80.2.

80.2 The Authority may at any time direct that the registration of lease or other arrangement shall cease to be valid

80.2.1 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
80.2.2 in such other circumstances as it considers appropriate.