New Zealand Gazette – 2003 – No. 113

Page 2989

✨ Betting Rules under the Racing Act 2003

25 AUGUST
NEW ZEALAND GAZETTE
2989

4.4 Governing Law
The Board does not warrant or imply that betting complies with the legal requirements of any country other than New Zealand. Investors in other nations must satisfy themselves of (and assume full responsibility for) the legality of their:

(a) placement of bets with the Board or their use of the Board’s gaming and wagering services

(b) remitting funds to their accounts with the Board; and

4.5 Credit Betting
In accordance with the Act, bets will not be accepted on credit.

4.6 Prohibition on entry to Totalisator Agencies
Subject to the Human Rights Act 1993, the Board’s agent in charge of any Totalisator Agency may prohibit any person from entering such Totalisator Agency.

4.7 Rejection of Investments
The Board’s agent in charge of any Totalisator Agency, unless otherwise directed by the Board or the Chief Executive Officer (CEO) of the Board, shall be entitled to decline to accept at any time and without giving any reason therefore, part or all of any Investment.

4.8 Minors
Investors must be 18 years of age or older to place a bet.

VUW Te Waharoa — NZ Gazette 2003, No 113

Gazette.govt.nz — NZ Gazette 2003, No 113

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✨ LLM interpretation of page content

🏭 Betting Rules under the Racing Act 2003 (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsRacing Board, Betting Rules, Racing Act 2003, Race Betting, Totalisator, Fixed Odds Race Betting, Fixed Odds Sports Betting, Compliance, Totalisator Agencies, Account Betting, Telephone Betting, Internet Betting, SkyBet, TextBet

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