New Zealand Gazette – 2003 – No. 113

Page 3001

✨ Betting Rules Supplement

25 AUGUST

NEW ZEALAND GAZETTE

7.9 Disposal of Balance in a Betting Account

(a) Subject to Rule 7.7 (e), funds standing to the credit of the Betting Account will be remitted to the Account Holder by the Board upon the instruction of the Account Holder.

(b) In the absence of instructions from the Account Holder regarding the disposal of funds standing to the credit of the Account Holder, such funds may be retained pending receipt of instructions or the whole or part of the amount may be remitted to the Account Holder at the discretion of the Board.

7.10 Discrepancies in Betting Accounts

The Board will not investigate any claim concerning an alleged discrepancy in the balance of a Betting Account unless the Account Holder has queried the balance of the account at least once in the two weeks since the discrepancy is alleged to have arisen.

7.11 Errors in Placement of Investments

(a) Subject to Rule 7.10, the Board will investigate all claims alleging that bets have been placed incorrectly due to error by the Board’s agent at any Totalisator Agency, or any employee of the Board.

(b) The Board will neither investigate nor accept any liability in respect of claims alleging that bets have been placed incorrectly where such bets have been placed by using a telephone betting operator.

(c) Where an error by an operator employed by the Board results in the placement of an incorrect bet, the bet will be deemed to be that which is recorded on the Board’s computer, notwithstanding the error. The Board will not be liable for any claim that is inconsistent with the computer record of the bet in question. The Board may, however, at its complete discretion:

VUW Te Waharoa — NZ Gazette 2003, No 113

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

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

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

Domain🏭 Trade, Customs & Industry
KeywordsBetting Accounts, Funds Disposal, Discrepancies, Errors, Investments, Totalisator Agency

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