✨ Betting Rules Definitions
1532 NEW ZEALAND GAZETTE, No. 59 1 JUNE 2007
(t) "Investment" means an amount of money which has been paid into a
Totalizator in respect of any Event at a Meeting.
(u) "Investment Request" means an offer of an Investment made by an
Investor to the Betting Operator.
(v) "Investor" means any person conducting or attempting to conduct a
Transaction at or through a Totalizator Office.
(w) "List Number" means the number given to a Selection by the Betting
Operator.
(x) "Meeting" means the venue and date upon which any Event upon which
the Betting Operator is accepting Investments is conducted.
(y) "No Race" means an Event in which no winners or placings are declared.
(z) "Password" means the password selected by an Investor to access his or
her Account in the Internet Betting System.
(aa) "PIN" means Personal Identification Number or other means of
identification in the form required by the Betting Operator.
(bb) "Pool" means the amount of money paid into a Totalizator which, after
adjustment in accordance with the Act and after any Refunds are made, is
available by way of Dividend to Investors who have made the appropriate
Selection on a Totalizator.
(cc) "Racing Totalizator" means a Totalizator conducted pursuant to the Act
and for the purposes of these Rules includes Win, Place, Quinella.
(dd) "Refund" means the amount of an Investment made in a Totalizator that is
repayable to an Investor (whether wholly, which is referred to in these
Rules as refund of the Investment, or partly, which is referred to in these
Rules as refund of the Pool) in accordance with these Rules.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2007, No 59
Gazette.govt.nz —
NZ Gazette 2007, No 59
✨ LLM interpretation of page content
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Amendments to the Betting Rules pursuant to the Racing Act 2003
(continued from previous page)
🏭 Trade, Customs & Industry1 June 2007
Racing Board, Betting Rules, Racing Act 2003, Amendments, Definitions, Betting Terms