✨ Thoroughbred Racing Rules
NEW ZEALAND GAZETTE, No. 58
17 MAY 2013
Rule 406(a)(v) – (no amendments but relevant for other amendments regarding Payments to Trainers and Riders)
406 (a)
A person who wishes to register a horse must apply, on the prescribed form, to NZTR. The application form must:
(i) be accompanied by payment of the applicable fee set by NZTR, from time to time;
(ii) state the full name of every Owner of the horse and any other person who has a legal or beneficial interest in the horse;
(iii) be signed by each person named as an Owner of the horse on the application form;
(iv) nominate a Racing Manager for the horse if it is owned by a Legal Ownership Entity or by two or more persons (including, for the avoidance of doubt, natural persons and Legal Ownership Entities); and
(v) specify whether the Owner is registered under the Goods and Services Tax Act 1985, and if so specify its Good and Services Tax registration number.
...
Rule 422(1)(c)
LEASING
422 (1) If a lease is entered into in respect of a registered horse, the Owner(s) and lessee(s) must apply, on the prescribed form, to NZTR for registration of the lease. The application form must:
(a) be accompanied by payment of the applicable fee set by NZTR, from time to time;
(b) state the full name of:
(i) every Owner of the horse;
(ii) every lessee of the horse; and
(iii) any other person who has an interest (directly or indirectly) in the horse;
(c) be signed by each person named as an Owner or lessee of the horse on the application form;
(d) nominate a Racing Manager for the horse if it is leased by a Legal Ownership Entity or there are two or more lessees; and
(e) specify whether the lessee is registered under the Goods and Services Tax Act 1985, and if so specify its Good and Services Tax registration number.
Rules 503 to 505A
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, and for each Race the total stakes payable by NZTR (on behalf of the relevant Club) in respect of each
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NZ Gazette 2013, No 58
✨ LLM interpretation of page content
🏭
Amendments to the Rules of Thoroughbred Racing
(continued from previous page)
🏭 Trade, Customs & IndustryThoroughbred Racing, Racing Act 2003, Rule Amendment, GST, Inland Revenue, Court Determination