β¨ Racing Act Amendments
64 NEW ZEALAND GAZETTE, No. 3 13 JANUARY 2006
RACING ACT 2003
Pursuant to Section 52 the Racing Act 2003, the NEW ZEALAND RACING BOARD hereby gives notice of the following amendments to the Betting Rules published as a Supplement to the New Zealand Gazette, 25 August 2003, No. 113, page 2981.
These Rules come into force on 16th January 2006.
Full copies of the Betting Rules may be inspected free of charge at TAB offices or may be purchased from the New Zealand Racing Board.
Dated at Wellington this 15th day of December 2005.
Graeme Hansen, Chief Executive of the New Zealand Racing Board.
Change #1
A new definition added to Rule 3.1 as follows:
(dd) "Totalisator Manipulation" means the process of deliberately manipulating the totalisator by placing bets that are subsequently cancelled. This process has the effect of depressing the dividend on a selection when the bets are placed and then raising that dividend when the bets are cancelled.
In addition, new wording added to Rule 6.5 as follows:
Where the Board is concerned that a Betting Voucher is being used for Totalisator Manipulation, the Board may put a stop on the voucher, pending investigation into the use of the voucher.
Subsequent to the above change, previous (dd) "Winning Selection" now becomes (ee).
Change #2
Rule 4.3 amended to:
4.3 Acceptance of Bets
The Board will determine from time to time those Race Meetings or Races or Authorised Events on which to accept bets.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2006, No 3
Gazette.govt.nz —
NZ Gazette 2006, No 3
β¨ LLM interpretation of page content
π Amendments to the Betting Rules under the Racing Act 2003
π Trade, Customs & Industry15 December 2005
Amendments, Betting Rules, Racing Act 2003, Totalisator Manipulation, Acceptance of Bets
- Graeme Hansen, Chief Executive of the New Zealand Racing Board