1. The Club shall be called The Racegoers Club and the offices of the Club shall be situated at Winkfield Road, Ascot, Berkshire SL5 7HX.
2. The objects of the Club shall be:
(a) To encourage attendance at horse racing meetings held under the Rules of Racing.
(b) To give financial support to the racing industry by means of sponsoring races or in such other manner as shall seem appropriate.
(c) To promote and encourage interest in British racing by outside means, including shows, concessions, excursions and other schemes appropriate to the objects of the Club.
(d) To provide for the mutual benefit of members by way of social intercourse and otherwise.
3. Persons who are racegoers or those in agreement with the aims and objects of the Club are qualified for membership
4. Every new member of the Club shall give all particulars required by the Committee with an undertaking to be bound by the rules and byelaws of the Club after election to membership.
5. The election of candidates shall be by the Committee or by a sub-committee appointed by the Committee for that purpose and no person other than Founder Members shall be admitted to membership of the Club until so elected.
6. On the candidate being so elected by the Committee he will upon payment of a first annual subscription be entitled to take advantage of any concessions, privileges and facilities as may from time to time be granted to members of the Club.
7. The Committee shall be elected annually and shall consist of the Chairman together with the Secretary and no more than 10 members, and such committee shall be elected at the Annual General Meeting in each year, and subject to termination of office by resignation or otherwise, shall remain in office until their successors are elected at the Annual General Meeting next following their election. The Committee shall have power to fill any vacancy that may occur until the end of the current year. Retiring members of the Committee shall be eligible for re-election. The Committee shall control the management of the Club and the carrying out of its objects and in particular the disposal of the Annual Subscriptions in accordance with the Rules and Bye-laws after payment of the proper expenses of management and other outgoings duly authorised by such Committee. The position of Honorary President can be held for a maximum term of five years. 8. The Committee may invest surplus monies and funds of the Club not immediately required for purposes within the Club’s objects and shall not be responsible for any loss incurred thereby provided that the investment made conforms to the provisions of the Trustee Investment Act 1961 as if the investment were of Trustee Funds. Any income arising from such investment shall be duly expended only in the support and promotion of horse racing and/or the current expenses of the Club.
9. The Club shall not be carried on for the making of profits for itself or for its members and no Club member may sell, assign, transfer, share or otherwise part or deal with any rights, concessions or privileges to which such member may be entitled as a member.
10. No candidate who has been elected a member shall be entitled to the concessions and privileges of membership until payment of the annual subscription for the period in which those concessions and privileges apply.
11. No Club member shall be entitled to any refund of subscriptions donated to the Club nor shall any excess of incomings over outgoings or any asset of the Club be at any time distributed to the members or any one of the members, the Club shall not be disbanded nor its affairs wound up until any remaining assets have been fully realised and fully disbursed in accord with the objects of the Club.
12. The Committee shall have power to alter the rules but no such alteration shall take effect until the same has been confirmed at the Annual General Meeting or Special General Meeting convened for the purpose.
13. The Committee shall have power to make bye-laws for regulating the conduct and affairs of the Club provided the same are not inconsistent with these rules. Such bye-laws shall be posted in some conspicuous part of the Club’s offices and shall be binding on all members. The Committee shall meet at regular intervals and keep Minutes of its proceedings; The Minute Book shall be open for inspection by any Club member attending the Annual General Meeting, for thirty minutes prior to such Meeting.
14. The Committee shall have the power to expel any member who shall offend against the rules of the Club or whose conduct in their opinion shall render him unfit for membership of the Club. Before any such member is expelled the Secretary shall give him seven days’ written notice sent to the last known permanent address to attend a meeting of the Committee and shall inform him of the complaints made against him. No member shall be expelled without first having the aforesaid opportunity of appearing before the Committee and answering complaints made against him, nor unless at least two-thirds of the Committee then present vote in favour of his expulsion.
15. A General Meeting of the Club shall be held in every year not later than December 1st to transact the following business:
(a) To receive and, if approved, to adopt a statement of the Club’s accounts to the end of the preceding year. Such statement of account shall be verified by the Chairman or by the Secretary, and shall carry the Certificate of the Auditor for the time being (who shall not be a member of the Committee nor an associate of any Committee member).
(b) To consider and, if approved, sanction any duly-made alterations of the rules.
(c) To appoint the officers and other members of the Committee.
(d) To appoint an independent auditor or auditors.
To deal with any special matter which the Committee desire to bring before the members and to receive suggestions from the members for consideration by the Committee in relation to the encouragement of British racing, previous notice of which shall have been given.
16. A Special General Meeting may be convened at any time by the Committee and shall be convened within 21 days from the receipt of a requisition in writing signed by not less than six members specifying the object of the meeting for any of the following purposes:
(a) To consider and, if approved, sanction any duly-made alterations of the rules.
(b) To deal with any special matter which the Committee may desire to place before the members for the purpose of encouraging British racing.
(c) To deal with any special matter which the members requiring the meeting may desire to place before the Club.
17. At Committee meetings and general meetings, in the absence of the Chairman elected by the Annual General Meeting, a Vice-Chairman shall be elected to preside and he shall have a casting vote in the event of an equality of votes.
18. These vouchers are for the personal use of the member as a racegoer, and are not intended for resale or for use in connection with commercial activities on racecourses. Racecourses are entitled to decline to accept the voucher where they believe a member to be in breach of this restriction of use.