✨ Betting Rules Amendments
2658 NEW ZEALAND GAZETTE, No. 115 7 AUGUST 2009
Change #4
Rule 5 is amended as follows:
5 Clubs that may conduct Equalisator Betting
A Racing club that wishes to conduct Equalisator betting must apply to the NZ Racing Board for an Equalisator betting licence.
The Board may only issue an Equalisator betting licence to a Racing club that is registered with a Racing code in accordance with that code’s constitution.
The NZ Racing Board will issue, at its discretion, a licence to conduct Equalisator betting and the Equalisator betting licence will set out the date on which the Races are to be held and the terms and conditions under which the betting will operate.
The Board has the discretion to revoke any Equalisator betting licence at any time.
Change #5
Rule 6 Heading is amended as follows:
6 Conduct and operation of Equalisator Betting
Change #6
Rule 10 is amended as follows:
10 Accounts
Within one month after every Race Meeting, the Racing club shall send to the Board a full report of the amount of Equalisator betting and the amounts paid out in respect of each Race. As soon as practicable, following the Racing club’s annual meeting, every club that has conducted Equalisator betting shall forward to the Board a certified copy of its accounts for the preceding financial year.
Change #7
Rule 14 is amended as follows:
14 Placings
Dividend bearing places shall be determined by the Event Manager or a person appointed by the Event Manager to judge the race.
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✨ LLM interpretation of page content
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Amendment to Equalisator Betting Rules
(continued from previous page)
🏭 Trade, Customs & IndustryBetting Rules, Amendment, Racing Act 2003, Equalisator Betting
NZ Gazette 2009, No 115