New Zealand Gazette – 1996 – No. 58

Page 1486

✨ Racing Industry Rules

NEW ZEALAND GAZETTE

No. 58

1486

declared the Winning Option provided, however that the Return for any fixed odds bet shall not be less than the nominal cost of that bet.

6.1.11 Cancellation of Fixed Odds Race Bet

The only circumstance under which a fixed odds race bet can be cancelled is if an error is detected immediately on receipt of the ticket.

6.1.12 Results

The result of a race shall be that as declared on the conclusion of the race, or combination of races, as specified in the totalisator regulations contained in the Rules of Racing, the Rules of Harness Racing or the Rules of Greyhound Racing.

6.1.13 Appeals

Where betting is conducted on any race under the Act and an appeal is lodged in accordance with the Rules of Racing, the Rules of Harness Racing or the Rules of Greyhound Racing, the Board may declare the result based on the original outcome of the race irrespective of the outcome of the appeal.

6.1.14 The Board’s Decisions Are Final

All decisions of the Board concerning fixed-odds race betting, including the declaration of dividends and payment thereof and the interpretation of these Rules, shall be final and binding on all investors and on every person making a claim in respect thereto.

6.1.15 Circumstances Not Provided By the Rules

If a circumstance arises which is not provided for by these Rules, the matter shall be dealt with in such manner as the Board may determine.

The decision of the Board upon:

(a) any question or dispute as to the amount of dividend or refund payable in respect of any ticket:

(b) any question as to the genuineness of any ticket as to any forgery or alteration thereof or tampering therewith;

shall be final and conclusive.

T. C. WILLIAMS, Chairman.

New Zealand Racing Industry Board.

PUBLISHED BY AUTHORITY OF DEPARTMENT OF INTERNAL AFFAIRS.
GF PRINT LIMITED, WELLINGTON, NEW ZEALAND—1996

DEPARTMENT OF INTERNAL AFFAIRS
TE TARI TAWHENUA

ISSN 0111-5650
Price $2.30 (inc. G.S.T.)
69959—96A

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VUW Te Waharoa — NZ Gazette 1996, No 58

NZLII — NZ Gazette 1996, No 58

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Rules for Totalisator Sports Betting (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated22 May 1996
KeywordsSports Betting, Totalisator, Rules, Dividends, Results
👩‍💼 Officials

T. C. Williams, Chairman

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