b'THE FOAL LEVY|Helping to Protect your BusinessINTRODUCTIONThe Thoroughbred Foal Levy wasFollowing a review of submissions introduced in March 2000 to supportfrom funding applicants, the Foal Levy Irish breeders. It is a statutory levyCommittee makes recommendations to on all thoroughbred foals registeredthe HRI Board on disbursement of the in Ireland. The Foal Levy is payableFoal Levy income. The committee is made by owners of thoroughbred foalsup of representatives from HRI, ITBA and to Weatherbys Ireland GSB onthe IFA. An up to date list of members application to register a foal in thecan be found on our website: https://stud book. www.hri.ie/industry-services/foal-levy. The committee meets regularly and The scheme is administered by Horsetakes on board the views expressed by Racing Ireland in accordance with thevarious breeders whether through direct Statutory Instrument 735 of 2011. Thecorrespondence or otherwise.purpose of the scheme is to provide a secure financial footing for the breedingThe purpose of this information industry and its essential supportbrochure is to inform all breeders on structures. Proceeds from the Foal Levythe Thoroughbred Foal Levy, to advise are ring-fenced for the benefit of thehow funds are allocated and to outline breeding industry. the activities of the organisations which benefit from funding allocations.2'