New Zealand Gazette – 2007 – No. 59

Page 1524

✨ Racing Betting Rules Amendments

1524 NEW ZEALAND GAZETTE, No. 59 1 JUNE 2007

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.

These Rules come into force on 4 June 2007.

Full copies of the Betting Rules may be inspected free of charge at TAB offices or may be purchased from the NZ Racing Board, PO Box 38-899, Wellington Mail Centre.

Dated at Wellington this 1st day of June 2007.

Graeme Hansen, Chief Executive of the New Zealand Racing Board.

Change #1

Rule 4.16 amended to:

4.16 Cancellation of Investments

An Investor must ensure that their bet is placed correctly as the Board may refuse to cancel any bet without giving reason. Without limiting this power, the Board may refuse to cancel any bet for any of the following reasons:

(a) The bet was placed via the Internet.

(b) The bet was placed on an Authorised Event during "Live Betting".

(d) The first Authorised Event involved in the bet has started.

(e) The bet was placed on an Authorised Event during a break in play, and play has resumed.

(f) The bet is a Fixed Odds bet and more than 60 seconds has elapsed since the bet was accepted by the Board.

(g) If a Win, Place, Each Way or Quinella bet is placed during the 30 minutes prior to the scheduled start time of the Race concerned, and more than 120 seconds has elapsed since the bet was accepted by the Board.

(h) If a Win, Place, Each Way or Quinella bet is placed before 30 minutes prior to the scheduled start time of the Race concerned, and the investor wants to cancel the bet during the 30 minutes prior to the scheduled start time of the Race, unless less than 120 seconds have elapsed since the bet was accepted by the Board.

VUW Te Waharoa — NZ Gazette 2007, No 59

Gazette.govt.nz — NZ Gazette 2007, No 59

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✨ LLM interpretation of page content

🏭 Amendments to the Betting Rules pursuant to the Racing Act 2003

Domain🏭 Trade, Customs & Industry
Dated1 June 2007
KeywordsRacing Board, Betting Rules, Racing Act 2003, Amendments
👩‍💼 Officials

Graeme Hansen, Chief Executive of the New Zealand Racing Board

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