20 SEPTEMBER 2012 NEW ZEALAND GAZETTE, No. 116 3377

11.14.4 Dividend Pool

The Dividend Pool shall be distributed as follows:

(a) The Dividend Pool shall be distributed equally amongst those units of betting that have selected a Placed Entrant in each of the six Races of a Place6, provided that the sum of those winning units of betting is equal to or greater than the Dividend Unit.

(b) Where the sum of winning units of betting is less than the Dividend Unit, the Dividend Pool will be declared as the Dividend, and winning units of betting will receive their proportional share of the Dividend Pool. The balance of the Dividend Pool shall be carried forward and added to the Dividend Pool of the Succeeding Place6 as determined by Board policy.

(c) If no units of betting have selected a Placed Entrant in each of the six Races of a Place6, the Dividend Pool shall be carried forward and added to the Dividend Pool of the Succeeding Place6 as determined by Board policy.

11.14.5 Dead Heats

In the event of a dead heat for a Place in any of the Races of a Place6, all such dead-heating Race Entrants shall be deemed to be a Placed Entrant for the purpose of calculating the Dividend in accordance with Rules 11.1.4.

11.14.6 Scratchings

Where a Race Entrant is Scratched from any of the six Races of a Place6, the Board will substitute an alternative selection for that Entrant after the closing time for receipt of Place6 bets.

11.14.7 Refunds

After the closing time for Place6 Investments, no Investor shall obtain a Refund except where four or more of the Place6 Races have been abandoned, in accordance with Rule 11.1.11(d).

11.14.8 Abandonment of Races

(a) Where any one of the Races of a Place6 is abandoned:

(i) The Dividend Pool shall be distributed equally amongst those units of betting that have selected a Placed Entrant in each of the other five Races of the Place6 and any Race Entrant in the abandoned Race.

(b) Where any two of the Races of a Place6 are abandoned:

(i) The Dividend Pool shall be distributed equally amongst those units of betting that have selected a Placed Entrant in each of the other four Races of the Place6 and any Race Entrant in the two abandoned Races.

(c) Where any three of the Races of a Place6 are abandoned:

(i) The Dividend Pool shall be distributed equally amongst those units of betting that have selected a Placed Entrant in each of the other three Races of the Place6 and any Race Entrant in the three abandoned Races.

(d) Where any four or any five or all six of the Races of a Place6 are abandoned:

(i) Place6 investments will be refunded

(ii) The amount brought forward from any previous Place6 shall be carried forward and added to the Dividend Pool of the Succeeding Place6 as determined by Board policy.

These Rules come into force on 19 November 2012.

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

Dated at Wellington this 18th day of September 2012.

CHRIS BAYLISS, Chief Executive of the New Zealand Racing Board.

Supplement to the New Zealand Gazette, 25 August 2003, No. 113, page 2981

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Departmental Notices

Education

Education Act 1989

Columba College (386), Dunedin, Board of Trustees Student Election Extension Notice

Pursuant to clause 9(2) of the Sixth Schedule to the Education Act 1989, and acting with authority delegated by the Minister of Education, I hereby extend the calling for nominations, and all subsequent actions in accordance with the Education (School Trustee Elections) Regulations 2000, for the election of the student representative for Columba College Board of Trustees.

Voting for the election will close on 25 October 2012.

This notice takes effect on the day of notification.

Dated at Wellington this 19th day of September 2012.

MARILYN SCOTT, Acting Group Manager, Education, Curriculum and Performance.

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