New Zealand Gazette – 2007 – No. 59

Page 1539

✨ Betting Rules Amendments

1 JUNE 2007 NEW ZEALAND GAZETTE, No. 59 1539

CLOSING TIME FOR INVESTMENTS

(a) Subject to Rule 4(b), the close of sales for Investments on an Event is the start of the Event.

(b) The Betting Operator may at its option close selling on an Event before the start of the Event (whether that is at, before or after the Advertised Starting Time of the Event) and without limiting the generality of the foregoing may do so in cases of systems, communication or equipment malfunction or where the Event starts on a day or at a time on which the Betting Operator is not accepting Investments.

(c) The Betting Operator may at its option re-open selling on an Event which it has previously closed in accordance with Rule 4(b) or in the case of an Event which is re-run.

(d) Any Investments accepted by the Betting Operator after the start of an Event shall be void and will be refunded to Investors.

(e) It is the responsibility of an Investor to allow sufficient time for Investment before the close of sales on an Event.

PLACING OF INVESTMENTS

5.1 GENERAL CONDITIONS

(a) Subject to Rule 4, Investments may be made during such times and for such Events as the Betting Operator may from time to time direct.

(b) The Investor shall supply such information as may be required to identify clearly the Investment to be made on the Event concerned.

(c) Investments will be accepted in the manner set out in this Rule 5 in Cash Outlets, or by telephone, or other approved means against a Credit Balance.

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 (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated1 June 2007
KeywordsGambling, Betting Rules, Racing Act 2003, Totalizator Offices, Transactions, Regulations, Investor Accounts, Disclosures, Accuracy, Negligence, Internet Investments, Websites, Viruses

🏭 Closing Time for Investments

Domain🏭 Trade, Customs & Industry
KeywordsInvestments, Betting, Event Closure, Refunds, Investor Responsibility

🏭 Placing of Investments

Domain🏭 Trade, Customs & Industry
KeywordsInvestments, Betting, Investment Conditions, Cash Outlets, Telephone Betting, Credit Balance

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