The Board approved:
a) The total allocation of £65.1m for expenditure in calendar year 2012. The breakdown of the main expenditure headings is as follows:
|Fixture Incentive Scheme||£2.1m||£2.8m|
b) The 2012 Fixture Incentive Scheme.
c) The four Veterinary Research priorities for the 2012 research grant round:
1. Improved prevention of current and emerging infectious diseases by the development of more effective vaccines, diagnostic tools, biosecurity and management strategies;
2. Improved training environment and racecourse design and surfaces, riding strategies, tack and equipment to enhance the safety, health and well-being of racehorses;
3. Improved methods of identification, management and prevention of musculoskeletal disease and injury in racehorses;
4. Improved male and female reproductive efficiency.