(1) Each veterinarian shall obtain a license from the board before the veterinarian may practice the veterinarian's profession on the grounds of a race meeting.   The veterinarian shall not be eligible to own, or hold a license to train horses while being licensed to practice veterinary medicine on the grounds of a race meeting. 

(2) Any licensed veterinarian who administers or makes available for administration by external application, ingestion or injection or by any other means any material or substance to a horse stabled at a licensed race meeting shall maintain records of all treatments and make those records available to the board or its representative upon demand.

(a) This rule shall not apply to water, heat or cold treatment or to customary liniments or salves, provided the same be applied externally only.