✨ Totalisator Agency Board Rules
5 DECEMBER
THE NEW ZEALAND GAZETTE
2275
- Purpose of Rules
The purpose of these rules is to implement the operation of the approved scheme by making provision for the conditions under which investments will be accepted at or through totalisator agencies and for other matters incidental to the operation of the approved scheme at totalisator agencies.
A copy of these rules shall be exhibited in each totalisator agency in a position readily accessible to the public.
- Commencement and Application of These Rules
These rules shall come into operation on the day of publication in the Gazette, as from which date any earlier rules shall be deemed to be revoked, provided however that any matter which had originated under the said rules hereby revoked shall enure for the purpose of these rules as fully and effectively as if it had originated under these rules.
These rules shall apply to all persons investing or attempting to invest at or through any totalisator agency declared by the Board to be open for receiving investments from the public for transmission to the course.
- General Conditions Relating to Investments at or Through Totalisator Agencies
(a) Approved Scheme—Any person making an investment or attempting to make an investment at or through a totalisator agency shall be deemed to accept and be bound by the relevant provisions of the approved scheme, a copy of which shall be available at all totalisator agencies for perusal on demand.
(b) Rules of Racing—Investments made at a totalisator agency are deemed to be accepted for transmission to the totalisator on the course subject to the rules of racing, more particularly the provisions in respect of the entry, acceptance, bracketing, withdrawal, or disqualification of horses, to the running of races, to the powers of the stewards or any other tribunal authorised under the rules of racing, and to the operation of the totalisator, including the calculation of dividends.
(c) Prohibited Persons—No person who is prohibited from entering upon the premises of a totalisator agency by virtue of regulations made under section 7 (2) of the Gaming Amendment Act 1949 may himself, or through his agent invest at or through a totalisator agency, and no person acting in breach of this rule shall be entitled to a refund of any amount paid by him or to any dividend which otherwise would be payable thereon.
(d) Unit of Investment—The unit of investment for win and place betting shall be 10s. and for doubles betting 5s.
(e) Dividends—The dividend for an investment of 10s. will be a half and the dividend of an investment of 5s. will be a quarter of the dividend declared on the totalisator for an investment of £1, except that fractions of 1s. shall not be paid unless such fraction exceeds 6d. in which case 6d. shall be paid.
(f) Brackets and Alterations Thereto—Subject to the special provisions of rule 10B relating to investments on the doubles totalisator, in so far as they may apply, the following provisions shall apply to investments made on any horse included in a bracket:
(i) Where horses are bracketed on the totalisator all investments received by the Board in respect of any such horse or horses will be invested on the totalisator number of the bracket containing such horse or horses irrespective of the bracketing in the official race card or in notices as exhibited by the Board pursuant to rule 5 (f):
(ii) Where a horse in such bracket is scratched, the investments shall remain on the horse or horses remaining in the said bracket, except that when the investments received by the Board on the horse or horses that are scratched can be identified and withheld or withdrawn from the totalisator, a refund will be made of such investments and the investors thereof shall have no interest in the dividend that may be payable in respect of the horse or horses remaining in the said bracket. Where such scratching is made at such time or in such manner that the investments cannot be recovered from the totalisator, they shall remain invested on the bracket:
(iii) Where the Board exhibits in its notices a bracket, but the horses shown in the bracket are allotted separate numbers on the totalisator, then all investments received by the Board on such horses so shown as a bracket or any of them shall be refunded and the investors thereof shall have no interest in the dividend or dividends that may be payable in respect of such horses.
(g) Rejection of Investments—The person in charge at any totalisator agency, unless otherwise directed by the Board or the General Manager of the Board, shall be entitled to reject at any time and without giving any reason therefor part or all of any investment.
(h) Refund of Investments—(i) Scratchings: Subject to the provisions of rule 10B herein relating to investments on the doubles totalisator, if a horse, including a bracketed horse, is scratched, the investor may at his option nominate a substitute or apply for and receive a refund at the totalisator agency where the investment was made, up to fifteen minutes before the time of closing for the receipt of investments for the race concerned at that agency. If the investor does not nominate a substitute or apply for and receive a refund as aforesaid he shall nevertheless be entitled to a refund of his investment, subject, however, in the case of bracketed horses, to the provisions of rule 4 (f) (ii).
(ii) No Place Pool: Amounts received for transmission and investment on the place totalisator for any race will be refunded if for any reason the place totalisator is not operated for that race.
(i) Minors—Investments by or on behalf of persons under the age of twenty-one (21) years will not be accepted.
(j) Race Meetings for Which Investments Will be Accepted—Investments at or through any totalisator agency will be accepted only for such race meetings or races as the Board from time to time shall direct in respect of any such totalisator agency.
(k) Investments Received on Meetings Subsequently Postponed—(i) All investments received in respect of a race meeting which is postponed to a later date will be retained by the Board and will be invested on that later date in accordance with the original instructions.
(ii) No refund of such investments will be made unless application is received at the totalisator agency where the investment was made not later than the time which is there specified as the closing time for the race concerned on such later date.
(iii) In the event of a race meeting being abandoned all investments will be refunded.
The provision of this paragraph shall apply to all investments whether by cash, by telephone, or by post.
(l) Method of Investing—Investments will be accepted by cash payment at a totalisator agency, or by telephone or postal instructions against a deposit previously established at a totalisator agency, or dividends credited to such deposit, or by postal instructions accompanied by a cash remittance. Investments or instructions by telegraph will not be accepted under any circumstances.
(m) Failure to Record Investments on the Totalisator—Subject to the application of any other rule in the circumstances of the case, where details of an investment otherwise properly received have not been recorded on the totalisator owing to a failure in the means of or error in transmission or to other circumstances beyond the reasonable control of the Board, there shall be paid on such investment if for win or for place the same dividend as is payable on course for a like investment or, if such investment be for the doubles totalisator, such dividend as is payable pursuant to the provisions of rule 10c herein.
- Provision Relating to Investments by Cash
(a) Cash investments will be accepted only during the hours advertised at each totalisator agency for the acceptance of such investments, but the person in charge of such totalisator agency may declare at any time that the office is closed for receiving cash investments.
(b) Only bank notes or coins will be accepted.
(c) Before an investment will be accepted the investor must indicate clearly the race meeting, the race, the horse code number or numbers, the amount of the investment, and whether for win, place, or double, and such other information as may be required to identify the investment to be made.
(d) On acceptance of the investment, investors will be issued with a written or printed ticket which must be presented when claiming any dividend or refund due in respect of such investment.
(e) Tickets will show the amount invested in pounds and/or in fractions and/or in shillings for win and/or place or a double, and may show the total amount invested and/or such other information as may be necessary to identify the investment recorded.
Tickets will be printed, written, stamped, punched, or marked to show the code letters or abbreviation designated for the race meeting concerned, the date or week designated for such meeting, the number of the race concerned other than for a double, and the code number allocated by the totalisator agency to the horse or horses on which the investment is made.
(f) (i) Notices shall be exhibited at all totalisator agencies showing the horses known to be accepted for those race meetings for which the Board will be receiving investments, the date and code letter or abbreviation of each such race meeting, the numbers of races and the code numbers allotted to the horses therein, including known brackets, and the distinguishing mark of any double or other combination of races or form of investment as may be necessary for the proper identification of investments.
(ii) Investments shall be receivable in respect of only those races and meetings and the horses accepted therefor for which such notices are exhibited.
(iii) Notwithstanding anything in clause (g) herein, where a ticket has been issued and there is recorded thereon in respect of the meeting either the wrong date or the wrong designation for such meeting or either of such particulars
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VUW Te Waharoa —
NZ Gazette 1957, No 90
NZLII —
NZ Gazette 1957, No 90
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💰 Totalisator Agency Board: Rules Relating to Investments at or Through Agencies
💰 Finance & RevenueTotalisator Agency Board, Investment rules, Racing, Betting, Dividends, Minors, Race meetings