PHILRACOM Resolution No. 38-16

May 11, 2016

PHILRACOM RESOLUTION NO. 38-16

WHEREAS, under Presidential Decree No. 420, the Commission has exclusive jurisdiction and control over all aspects of the conduct of horse racing, including the framing and scheduling of races, the construction and safety of horse racing, the allocation of prizes and the security of racing;

WHEREAS, the Commission is also given by the said decree the specific powers, among others, to prescribe additional rules and regulations not otherwise inconsistent therewith;

WHEREAS, the Commission continues to find ways and means to raise the prestige of horse races and of the horse racing industry;

WHEREAS, the Commission finds it necessary and desirable to issue guidelines for proper decorum in the holding of trophy races. For this purpose a "trophy race" is defined as a race that has an awarding ceremony wherein a trophy, cup, plaque, plate or any token of recognition, including a monetary award in addition to the prize of the day, is given out;

NOW THEREFORE, be it RESOLVED, as it is hereby RESOLVED, that the following guidelines be adopted for compliance by the racing clubs with regard to the holding of trophy races with an awarding ceremony wherein any token of recognition or monetary award is given out in addition to the prize of the day:

1. The host racing club shall guarantee One Hundred Twenty Five Thousand Pesos (P125,000.00) to the winner of the race;

2. The sponsor of the trophy race shall guarantee a minimum added prize of Fifteen Thousand Pesos (P15,000.00) or at least its equivalent in goods or prize to the winner of the race;

3. A ceremony for awarding the trophy, cup, plaque, plate or any token of recognition or monetary consideration in the amount of at least P15,000.00 or at least its equivalent in goods may be held immediately after the announcement of the official results of the race, without prejudice to the awarding of any other additional prize or token; AIDSTE

4. If the line-up of the trophy race held comes from the latest master list of Special Races, Class Division and Handicap Races, it shall have a bearing on the grouping or the horses participating;

5. If the sponsors want to handicap their own trophy races, an official written request shall be made to the PHILRACOM at least seven (7) working days prior to the trophy race/s. The trophy race shall then be a "no bearing race" if permitted by PHILRACOM.

6. The host racing club shall not allow anyone to accept the award unless he is clad in proper attire. The use by the award recipient of sleeveless shirts, short pants, open toed sandals and/or slippers shall not be tolerated. If the award recipient or representative is not properly attired, the Racing Manager of the racing club concerned shall accept the award, token, etc. for and on behalf of the awardee.

RESOLVED FURTHER that violation of any of the foregoing guidelines shall subject the Racing Club liable to pay a penalty in accordance with the following schedule:

 1st offense Five Thousand Pesos (P5,000.00) to Fifteen Thousand Pesos (P15,000.00)

 2nd offense Fifteen Thousand One Hundred Pesos (P15,100.00) to Twenty-Five Thousand Pesos (P25,000.00)

 3rd offense Twenty-Five Thousand One Hundred Pesos (P25,100.00) to Fifty Thousand Pesos (P50,000.00)

RESOLVED FURTHER that should the additional prize or token be less than Fifteen Thousand Pesos (P15,000.00),it shall only be printed in the racing program and/or announced by the panel to give due recognition to the sponsor of the additional prize, but no awarding ceremony shall be held. The prize may be handed to the winner in the panel's booth or some other venue.

RESOLVED FINALLY that the guidelines shall take effect seven (7) days from date of publication.

APPROVED AND SIGNED by the undersigned Chairman and Commissioners of the Philippine Racing Commission, this 11th day of May 2016, at Makati City, Philippines.

ORIGINAL SIGNED.

Published in the Official Gazette, Vol. 112, Page 29 on July 18, 2016.