The Directors of the IHRB, at their Board Meeting on 5 March 2025 approved the following changes to Rule 298 which will become effective on 6 March 2025:

Part XXIX

STABLE EMPLOYEES BONUS SCHEME

298 (i) – (xi) [TEXT DELETED]

1. Trainers shall make an agreement with registered stable staff on an annual basis in compliance with the HRI Stable Employee Bonus Scheme (SEBS) Guideline (the “Agreement”). This Agreement must include the date of the meeting, how the monies provided under the SEBS are to be distributed including any individuals or categories of staff who are to be omitted from distribution and be signed in accordance with the SEBS Guidance.
2. A copy of the signed Agreement must be lodged with the Office of the IHRB within seven days of signing or when requested by IHRB.
3. A completed copy of the Agreement must be permanently displayed in a communal area where all staff working at the Trainer’s premises can view the agreement.
4. Monies must be distributed in accordance with the Stable Employee Bonus Scheme (SEBS) Guidelines and with the Agreement.
5. Trainers shall make a written declaration that payment has been made in accordance with the Agreement within fourteen days of a request from the IHRB. The declaration must include details of any deviation from or alternation of the terms of the Agreement.
6. Submission of false, inaccurate, or misleading information, or failure to comply with any obligation under this Rule, shall constitute a breach and may be subject to disciplinary action under the Rules.