New Zealand Gazette – 2003 – No. 113

Page 3081

✨ Conditions Applicable to Totalisator Sports Bet Types

25 AUGUST NEW ZEALAND GAZETTE 3081

“First Division Pool” means 65% of the Dividend Pool, together with:

(a) any previous First Division Pool which may have been
carried forward in accordance with Rule 13.3.6: Amount
Brought Forward; and

(b) any part or all of the Prize Reserve Pool which may have
been added to the First Division Pool under Rule 13.3.7:
Prize Reserve Pool.

“Mimimum Unit” means the minimum unit of Investment as
determined by the Board. See Appendix 1.

“Normal Time” is the first point in time that the Authorised
Event would cease if the scores were not tied. Normal time can
also be variously indicated in ways such as ‘80 minutes’, ‘90
minutes’ or ‘4 quarters’ or any other way, and is the standard
match time plus added (or referee’s) time for stoppages and
injury. Normal time does not include any form of extra time.

“Option” means a schedule of Authorised Events designated by
the Board to form a component part of a Sports Pools Option.

“Prize Reserve Pool” means 5% of the Dividend Pool.

“Second Concession Dividend” means the Dividend declared
for Investments designated to win the Second Concession in a
Sports Pools Game.

“Second Concession Pool” means 15% of the Dividend Pool.

VUW Te Waharoa — NZ Gazette 2003, No 113

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

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Conditions Applicable to Totalisator Sports Bet Types (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsBetting, Totalisator, Sports Betting, Authorised Events, Pick The Score, Dividend Pool, Count-back System, Sports Pools, Interpretation, Amount Brought Forward, First Concession Dividend, First Division Dividend, Minimum Unit, Normal Time, Option, Prize Reserve Pool, Second Concession Dividend, Second Concession Pool

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