The Macau Jockey Club is pleased to announce the following privilege for the Club’s owners:

　　　　　　　　　　　　　The 2016/2017 Final Freight Subsidy Scheme (MJCFFS)

To send at least 25 and up to 83 horses in one consolidated flight originating from Australia and New Zealand to Macau, whereby the number of horses in the shipment will decide the magnitude of subsidy i.e.

25 horses (at least)　　　　　→25%

30 horses　　　　　　　　　→30%

50 horses　　　　　　　　　→50% so on and so forth

83 horses　　　　　　　　　→83%

Target up to date of shipment (s): August 2017 and or before the end of October 2017

　　　　　　　　　　　　　　　　　　　　　　Terms and Conditions:

1. Under the 2016/17 Final Freight Subsidy Scheme (MJCFFS) all owners shall be eligible for the Freight Subsidy on the provision that one owner or a syndicate is entitled to subsidy for a maximum of up to 5 horses only.

2. Upon arrival of the MJCFFS horses, the eligible Freight Subsidy settlement shall apply :

　　i) The initial 50% of the total applicable freight subsidy will be credited to the Owner’s account issued at the end of the 6th month following arrival.

　　ii) The remaining 50% balance will be credited to the Owner’s account by monthly installments over a 5 months period, from the end of the 7th month.

3. Owners of the MJCFFS horse remains liable for the freight and all incidental costs incurred during the shipment process or prior to the shipment.

4. No transfer of ownership of the MJCFFS horse will be permitted within the first 12 months post arrival Macau.

5. Any privileges enjoyed by the owner and attached to MJCFFS horse will cease in the event of an ownership transfer or upon the retirement of the horse.

6. MJC reserves the right at its sole discretion to reject a MJCFFS application, without assigning any reason thereof.

7. Existing MJC Membership Bye Laws, Terms and Conditions remain applicable and enforceable.

8. The MJCFFS cannot be used in conjunction with any other offers.

9. MJC reserves the right to cease, alter or amend the content of this scheme, including the terms and conditions as may be deemed appropriate without assigning any reason thereof.