RQ is currently developing a new online licensing system which will enable clubs to lodge their club and venue license renewals electronically.
The licensing system is scheduled to go live from 1 July 2018 for a period of one month, ending 31 July 2018. This will enable clubs to complete their renewals during this period.
RQ will extend all club and venue licenses during this transition, expiring 31 July 2018. All licenses will remain subject to the club and venue license general terms during this extended period.
RQ will provide further information and instructions for use of the system over the coming weeks.
Should you have any questions in relation to licensing please contact Lisa Maher on 07 3869 9424 or alternatively email firstname.lastname@example.org
Club Commercial Compliance
Over the term of a Club licence, Clubs must provide a range of compliance documentation to remain eligible for a license.
For the financial year (FY) 2018/2019 Annual Compliance, changes have been made to this year’s annual compliance requirements. These changes aim to improve the quality of financial reporting and subsequently better inform and enable future industry initiatives.
As per previous years, this year’s compliance is also made up of 3 compliance rounds:
- Round 1: 15th July extended to 15th August (FY18/19 only);
- Round 2: 30th September; and
- Round 3: 31st January.
Having regard for the Club License renewal extension, now due 31 July 2018, RQ will also be extending Round 1 Annual Compliance to 15th August 2018. This has been extended to assist clubs in meeting both their licensing and compliance obligations during this busy period.
From 1st July 2018, clubs will be allocated a tier dependent on the quantity of race meetings held by each club. The new tier structure is set out as follows:
|21 & More Meets
Below is the requirement for Round 1 Compliance, due 15 August 2018. Depending on the tier a club falls in, there is a number of compulsory and non-compulsory (optional) requirements. Clubs will be advised on Round 2 and 3 Annual Compliance requirements at a later date.
Should you have any questions in relation to Club Compliance reporting, please contact Kathy Woodward on (07) 3869 9490 or alternatively email email@example.com