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New Zealand Gazette – 2003 – No. 113

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✨ Totalisator Race Investment Rules

3010 NEW ZEALAND GAZETTE No. 113

10. GENERAL RULES RELATING TO

TOTALISATOR RACE INVESTMENTS

10.1 Interpretation

In Rule 10, unless the context otherwise requires –

“Dividend Pool” means, the sum of money placed as bets on a specific pool, less Refunds and statutory deductions.

“Scratching” means the declaration in accordance with the Rules of Racing that a Race Entrant is a non-Starter, and includes the withdrawal of a Race Entrant.

10.2 Dividend Declared

The Board shall declare Dividends payable in respect of any Race in accordance with the determination of the judge and stewards regarding the result of the Race.

The Board shall order the payment of Dividends upon receipt of an Order for Payment.

Where a protest is lodged in respect of a Race in accordance with the Rules of Racing, the Board shall declare the Dividends payable in respect of the Race in accordance with the determination of the stewards regarding the protest.

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

🏭 Rules Relating to Totalisator Race Investments (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsBetting, Totalisator, Dividend Pool, Scratching, Race Investments, Rules

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