 These regulatory responsibilities were transferred to a new Horseracing Regulatory Authority (HRA) from 3 April 2006.This major re-organisation did not arise from a fundamental failure of the existing arrangements, but an understanding that the old system might not meet modern conditions.The HRA itself ceased to exist on 31 July 2007 as its regulatory duties were merged with the governing responsibility of the British Horseracing Board to create the new British Horseracing Authority.