The terms of all contracts between jockeys and their employers shall be filed with and approved by The Jockey Club, and such contracts shall contain a provision that in case a jockey's license be revoked or suspended, the salary of the jockey shall in the former case cease, and in the latter case cease during the time of his suspension.
N.Y. Comp. Codes R. & Regs. Tit. 9 § 4040.5