Consumer Legislation

When a share in a syndicated horse is offered for sale by a syndicator, the offer, (particularly the terms and conditions) are bound by law, to comply with consumer legislation.

Best practice dictates that the full terms and conditions should be displayed on the syndicator's website.

It follows that if you are unable to establish the terms and conditions without having to do some digging, you may think twice before proceeding.

Copyright law specifies that syndicators should not be copying the wording of competitors terms and conditions.

Consumer legislation specifies that an offence may be committed when pertinent facts are omitted.

Essential information to enable a consumer to make an informed buying decision, could include:-