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

73B. Syndicate to act through Syndicator

73B.1 Each Syndicator shall be the Owner of the horse and shall, subject to Rule 73B.2:

73B.1.1 be jointly and severally liable for any sums due from the Owner under these Rules; and
73B.1.2 be subject to all other liabilities, duties and privileges of ownership.

73B.2 A Syndicator who has resigned in accordance with Rule 73A.7.1:

73B.2.1 shall be liable for any sums which accrued or became due before notice of his resignation has been received at The Racing Calendar Office;
73B.2.2 shall not be liable for any sums which become due after notice of his resignation has been received at The Racing Calendar Office.

73B.3 No privilege of ownership shall attach to any participants in a Syndicate who is not a Syndicator, except for the privilege of running a horse under the name of a Syndicate.
73B.4 For the purposes of these Rules, a Syndicate may not take any steps in respect of a horse in its ownership unless they are taken by one or more Syndicator.