2082 NEW ZEALAND GAZETTE, No. 80 12 JULY 2007

Change #2

Rule 3.1 amended to:

(l) “Identification” means such documentary evidence containing a photograph and specimen signature as the Board deems acceptable from time to time.

Change #3

Rule 7.1 amended to:

7.1 Purpose of Rules

The purpose of Rule 7 is to specify the conditions for establishing and operating a Betting Account. Rule 7 is to be read subject to any specific provisions in Rule 8 RULES RELATING TO INTERNET INVESTMENTS, Rule 9 RULES RELATING TO SKYBET INVESTMENTS, and in conjunction with the General Terms and Conditions for Accounts.

Change #4

Rule 7.2(e) amended to:

7.2 Establishing a Betting Account

(e) The applicant will be required to nominate a Personal Identification Number (PIN) or accept a system generated PIN before becoming an Account Holder.

Change #5

New Rule 7.3 added as follows:

7.3 Account to be used solely for betting

(a) A Betting Account must be used solely for the purposes of betting with the Board.

(b) If the Board believes, on reasonable grounds, that a Betting Account has been, is being or will be used for purposes other than betting with the Board, the Board may:

(i) make all necessary enquiries about the activity on the account;

(ii) decline any request by the Account Holder to withdraw funds from the account while enquiries are made pursuant to paragraph (i) above;

(iii) refuse to accept any deposit of funds to the account or, having accepted such a deposit, may refund that deposit or any balance of the deposit to the Account Holder at its discretion;

(iv) close the account, and retain any funds in the account while enquiries are made pursuant to paragraph (i) above or remit those funds to the Account Holder (less a reasonable administration fee) or retain those funds while enquiries are made pursuant to paragraph (i) above.

Change #6

Rule 7.4 is amended to:

7.4 Deposit of funds to a Betting Account

(a) Any person wishing to deposit funds in a Betting Account may do so by funds transfer or such other means as approved by the Board, providing it complies with the Financial Transactions Reporting Act 1996.

(b) No bet will be accepted against a deposit until the funds have been cleared.

(c) A depositor must produce Identification before depositing cash in the sum of NZ$5,000.00 or more into a Betting Account. Should the deposit be made on behalf of another party or parties, the Board’s agent at the Totalisator Agency must obtain and record the Identification of the depositor before the deposit can be made.

(d) In the event that funds are deposited in error into a Betting Account, the funds may be recovered without reference to the Account Holder. If, at the time the Board withdraws those funds, the balance of the account is not sufficient to cover those funds, the Account Holder will be liable for the shortfall in the account and will be required to repay the funds deposited in error.

(e) All funds deposited to a Betting Account that are not denominated in New Zealand currency will be converted to New Zealand dollars. The Board will not be liable to the Account Holder in any way for the exchange rate at which the nominated foreign currency is converted into New Zealand currency. The Board may charge the Account Holder a reasonable administration fee to cover any costs it incurs in converting the funds into New Zealand currency.

Change #7

Rule 7.6 amended to:

7.6 Amendment to Account Holder Details

An Account Holder may be required to submit a written advice amending any or all of the details in the original application to open the account. The Account Holder may also revoke the original application and replace it with a new application upon satisfying the Board that it is reasonably necessary. In either case, any funds standing to the credit of the Account Holder will be transferred to his or her new account.

Change #8

Rule 7.13 amended to:

7.13 Privacy and Security of Account Betting

By establishing an account, the Account Holder agrees to these provisions governing privacy of information and security.

All personal information provided to the Board by an Account Holder when the account is opened or operated, or when the Account Holder uses the Board’s website and/or places bets with the Board, will be held by the Board for the purpose of establishing and maintaining the relationship between the Account Holder and the Board. Information collected and held by the Board about the Account Holder may be used by the Board from time to time to: