New Zealand Gazette – 2009 – No. 68

Page 1530

✨ TAB National Syndicate Rules

1530 NEW ZEALAND GAZETTE, No. 68 15 MAY 2009

(b) The TAB National Syndicate will be closed for the purchase of Syndicate Vouchers at a time determined by the Board. Once the TAB National Syndicate has closed, no Syndicate Vouchers will be sold.

10.11.3 Method of participating in TAB National Syndicate

(a) A Syndicate Investor must purchase a Syndicate Share and be issued a Syndicate Voucher to participate in a TAB National Syndicate.

(b) By purchasing a Syndicate Share, the Syndicate Investor authorises the Board’s representative Investor to invest the Syndicate Share on behalf of the Syndicate Investor.

10.11.4 Unit of Syndicate Share

(a) The unit of Syndicate Share shall be determined by the Board. See APPENDIX 1.

10.11.5 Syndicate Dividend Unit

(a) The Syndicate Dividend Unit shall be based on a unit of Syndicate Share determined by the Board. See APPENDIX 1.

10.11.6 Minimum Syndicate Voucher Value

(a) The minimum Syndicate Voucher value shall be determined by the Board and may be varied from time to time at the discretion of the Board. See APPENDIX 1.

10.11.7 Denomination to which Syndicate Dividends and Syndicate Payout amounts will be rounded

(a) The denomination to which Syndicate Dividends and Syndicate Payout amounts will be rounded shall be determined by the Board and may be varied from time to time at the discretion of the Board. See APPENDIX 1.

10.11.8 Cancellation of Syndicate Voucher

(a) Syndicate Vouchers can be cancelled up until the TAB National Syndicate is closed.

(b) In the case of Syndicate Vouchers sold using the Internet or Touch Tone the Syndicate Investor must contact Phonebet, prior to the TAB National Syndicate being closed, to request the cancellation of the Syndicate Voucher.

10.11.9 Conditions relating to Syndicate Vouchers purchased for cash

(a) The Board’s agent in charge of any Totalisator Agency may declare at any time that the office is closed for the purchase of Syndicate Vouchers.

Gazette.govt.nz — NZ Gazette 2009, No 68

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
Dated14 May 2009
KeywordsRacing, Betting Rules, Racing Act 2003, Amendments, TAB National Syndicate, Syndicate Vouchers, Syndicate Shares

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