✨ Internet Betting Rules




1 JUNE 2007 NEW ZEALAND GAZETTE, No. 59 1541

5.3

INTERNET BETTING GENERAL RULES

(a) By making an Investment via any means of communication provided by the
Betting Operator, the Investor warrants that he or she is 18 years of age or
over and that making of the Investment does not violate any international,
federal, state or local laws.

6

DIVIDENDS AND REFUNDS PROCEDURES

6.1

GENERAL

(a) Subject to these Rules any Dividend won by or Refund made to an Investor
shall be paid to that Investor in the Betting Operator's sole discretion either
in cash, by cheque or Betting Voucher or by the crediting of the value of the
Dividend or Refund to an Account.

(b) The Betting Operator shall not be obliged to make payment of any Dividend
or Refund until an Investor has provided any documentation and
information as the Betting Operator may reasonably require.

(c) The Betting Operator will use its best reasonable endeavours to ensure
that Dividends will be available for payment or crediting immediately after
the official result of an Event is received by it.

(d) Notwithstanding Rule 6.1(c), if the Betting Operator's offices are not open
at the time a Dividend or Refund is determined or if unforeseen
circumstances arise, determination of the Dividend and/or payout may be
delayed at the sole option of the Betting Operator.

(e) Any Dividend or Refund miscalculated by the Betting Operator shall be void
and the incorrect amount of the Dividend or Refund shall be treated as a
debt owed by or credit due to the Investor, as the case may be, and the
Betting Operator reserves the right to make appropriate amendments to
Investor's Accounts without notice to Investors.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2007, No 59


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





✨ LLM interpretation of page content

🏭 Placing of Investments (continued from previous page)

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

🏭 Internet Betting General Rules

🏭 Trade, Customs & Industry
Internet Betting, Investment, Age Restrictions, Legal Compliance

🏭 Dividends and Refunds Procedures

🏭 Trade, Customs & Industry
Dividends, Refunds, Payment Procedures, Documentation, Payout Delays