3396 NEW ZEALAND GAZETTE, No. 144 30 SEPTEMBER 2009

PART V

PREPARATION FOR RACE MEETINGS

RACING POLICY AND CLASSIFICATION OF RACES

501 (1) NZTR shall, from time to time, publish a Racing Policy which, amongst other matters, shall:

(a) define different types of Races which may be run under these Rules and/or certain horses which may or may not be entered for or started in certain types of Races;

(b) prescribe the type of Races that may be run on Race days;

(c) prescribe policies associated with weights and weight allowances and adjustments relating to the weight horses carry in a Race; and

(d) contain such transitional provisions (if any) as it considers necessary or desirable in respect of the classification of Races; and

(e) contain such provisions as are, in its opinion, necessary to create or maintain an efficient and effective system for the classification of Races.

(2) Subject to sub-Rule (3) below, a Club, Owners or lessees, Trainers, and/or Riders shall comply with the prescriptions and requirements set out for all Races of a type which that Club is programmed to run, and in which the horse connected to that Trainer and/or Owner or lessee (as the case may be) is entered and which the Rider is riding in a Race Meeting.

(3) A Club may apply to NZTR for exemption from any of the terms of classification of Races set out in the Racing Policy. NZTR may grant the application if, and to the extent, it considers necessary or desirable and subject to any such conditions as it sees fit.

(4) All definitions and terms related to Races in this part of the Rules shall bear the meaning set out in the Racing Policy.

STAKES AND PRIZES

502 (1) NZTR shall set and notify a Club of the minimum stakes payable for each Race Meeting (and each Race comprising each Race Meeting) held by that Club.

(2) NZTR shall determine the amount of funding to be provided to each Club for the purpose of providing stakes for Races held by that Club in accordance with its programmed Race Meetings.

503 (1) The value of prizes not in money shall, as far as practicable, be stated in the programme as advertised in accordance with these Rules.

(2) All stakes shall be advertised as exclusive of goods and services tax.

(3) In respect of a non-returnable prize NZTR shall pay, on behalf of a Club, the goods and services tax (if applicable) on the value of such prize to an Owner or lessee (as the case may be).

(4) In respect of a returnable prize neither the Club nor NZTR, on the Club’s behalf or otherwise, shall pay goods and services tax.

(5) Notwithstanding anything to the contrary expressed or implied elsewhere in these Rules, a sum of money credited to a horse in respect of a Race shall not be deemed to be stakes unless such sum is so credited solely on account of such horse having been placed by the Judge (or, in the case of an inquiry resulting in a change of placings, by the Judicial Committee) in a stake bearing place in that Race. A sum which is intended to be credited to a horse or paid to its Owner or lessee (as the case may be) merely on account of that horse having started in a Race shall not be included in the stake advertised for the Race and such sum, when credited or paid, shall not be deemed to be stakes.

504 Save as provided elsewhere in these Rules, a deduction shall not be made from the advertised stakes for a Race.