New Zealand Gazette – 2009 – No. 136

Page 3182

✨ Betting Rules Amendments

NEW ZEALAND GAZETTE, No. 136

11 SEPTEMBER 2009

RACING ACT 2003

Pursuant to section 54 of the Racing Act 2003 the NEW ZEALAND RACING BOARD hereby gives notice of the following amendments to the Betting Rules published as a Supplement to the New Zealand Gazette, 25 August 2003, No. 113, page 2981.

These Rules come into force on 14 September 2009.

Full copies of the Betting Rules may be inspected on request at TAB offices, downloaded from the NZ Racing Board internet site www.nzracingboard.co.nz or may be purchased from the NZ Racing Board, PO Box 38899, Wellington Mail Centre, Lower Hutt 5045.

Dated at Wellington this 10th day of September 2009.

Andrew Brown, Chief Executive of the New Zealand Racing Board.

Section 14 CONDITIONS APPLICABLE TO FIXED ODDS SPORTS BETTING and Section 15 SPORT SPECIFIC RULES have been amended. The complete amended sections are as follows:

14 CONDITIONS APPLICABLE TO FIXED ODDS SPORTS BETTING

14.1 Interpretation

In Rules 14, 15 and 16, unless the context otherwise requires:

"Fixed Odds Sports Bet" is a bet type whereby the Investor bets on the result of an Authorised Event and for which result the Board has determined the Odds.

"Fixed Odds Sports Betting" has a corresponding meaning.

"Group Betting Option" means a Fixed Odds Sports Option involving a finite group of players or teams selected by the Board from within an Authorised Event, and marked "Group Betting".

"Lay Off" means to place all or part of a fixed odds bet accepted by the Board on another betting system.

"Minimum Investment" means the minimum amount of Investment as determined by the Board. See APPENDIX 1.

"Normal Time", for Authorised Events that are not abandoned or forfeited is the first point in time that the Authorised Event would cease if the scores were not tied. Normal time can also be variously indicated in ways such as '80 minutes', '90 minutes' or '4 quarters' or any other way, and is the standard match time plus added (or referee’s) time for stoppages and injury. Normal time does not include any form of extra time.

Gazette.govt.nz — NZ Gazette 2009, No 136

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Amendments to the Betting Rules (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated10 September 2009
KeywordsBetting Rules, Racing Act 2003, New Zealand Racing Board, Fixed Odds Sports Betting, Sports Betting Conditions
👩‍💼 Officials

Andrew Brown, Chief Executive of the New Zealand Racing Board

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