Horse Racing Ireland is a commercial state body established under the Horse and Greyhound Racing Act, 2001 and is responsible for the overall administration, promotion and development of the horse racing industry.
The proceeds of the levy are used by Horse Racing Ireland to help fund the Irish Equine Centre, the Irish Thoroughbred Breeders Association and Irish Thoroughbred Marketing. These organisations provide key support structures to the Irish thoroughbred breeding industry. The distribution of the foal levy is determined by the Board of Horse Racing Ireland following recommendations from the Foal Levy Committee. The Foal Levy Committee reviews the accounts and budgets of all grant recipients prior to making any recommendations.
The distribution of the foal levy is published in the Horse Racing Ireland accounts.