New Zealand Gazette – 2003 – No. 113

Page 3026

✨ Rules Relating to Totalisator Race Investments

3026 NEW ZEALAND GAZETTE No. 113

11.2.8 Termination

Subject to Rule 11.2.12 relating to abandonment, the following will apply:

(a) The Board may terminate any First Prize Pool. If the First Prize Pool is terminated, the First Prize Pool shall be distributed on the next day on which Pick6 betting is to be conducted, as follows:

(i) The Pick6 First Prize Pool shall be distributed equally amongst those units of betting that have selected the Winner in each of the six Races.

(ii) If there are no units of betting that have selected the Winner in each of the six Races of the Pick6, the First Prize Pool shall be distributed equally amongst those units of betting that have selected the Winners in the greatest number of such Races.

(b) If the First Prize Pool is terminated, the Concession Pool shall be distributed equally amongst those units of betting that have selected the Winner in one less of the Races of the Pick6 than those entitled to the First Prize Pool under Rule 11.2.8 (a).

(c) Where the First Prize Pool is terminated, if there are no units of betting that have selected the Winner in any one of the Races of the Pick6, the First Prize Pool and the Concession Pool shall be distributed equally amongst those units of betting that have been placed on the Pick6.

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

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

Domain🏭 Trade, Customs & Industry
KeywordsBetting, Totalisator, Termination, First Prize Pool, Concession Pool, Distribution

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