NEW ZEALAND GAZETTE, No. 77 — 23 JULY 2015

Succeeding Trifecta Race; and

(ii) The remainder of the Trifecta Pool will be divided amongst the Investors on the correct combination of the two placed Entrants with any other Entrants in the Race;

(b) If only a Winner is declared:

(i) Any amount brought forward to that Trifecta Pool is transferred to the Trifecta Pool on the Succeeding Trifecta Race; and

(ii) The remainder of the Trifecta Pool will be divided amongst the Investors on the correct combination of the Winner and any other two Entrants in the Race; and

the remainder of the Trifecta Dividend Pool will be transferred to the Trifecta Pool on the Succeeding Trifecta Race if these alternative combinations have also not been selected.

11.8.9 [INSERT] - Declaration of Less than Three Placings

(a) If only two placings are declared:

(i) any Bonus Supplement together with any amount brought forward to that Trifecta Dividend Pool is transferred to the Subsequent Trifecta Dividend Pool; and

(ii) in respect of Rule 11.8.4, the First Three Placings will be deemed to be the First and Second Placed Race Entrants with the Third being any other Race Entrant.

(b) If only a Winner is declared:

(i) any Bonus Supplement together with any amount brought forward to that Trifecta Dividend Pool is transferred to the Subsequent Trifecta Dividend Pool; and

(ii) in respect of Rule 11.8.4 the First Three Placings will be deemed to be the First Placed Race Entrant with Second and Third being any other Race Entrants.

11.12 First4 Betting

11.12.1 Interpretation

[DELETE] – “Succeeding First4 Race” means in relation to a First4 Race (“Initial First4 Race”):

(a) The next First4 Race (if any) conducted at the same Meeting as the Initial First4 Race;

or if there is none

(b) A Betting Pool on a Race at a Meeting selected by the Board, provided that Meeting is of the same racing code, Thoroughbred, Harness or Greyhound, as the Initial First4 Race.

[INSERT] – “Subsequent First4 Dividend Pool”

(a) means the next First4 Dividend Pool (if any) conducted on a Race at the same Meeting

or if there is none

(b) means the Code Prize Reserve Pool.

11.12.4 [DELETE] – Dividend Pool

Subject to Rule 11.12.5 relating to Dead Heats and Rule 11.12.8 relating to Termination, the Dividend Pool shall be distributed as follows:

(a) The Dividend Pool shall be distributed equally amongst those units of betting that have selected the First Four Placings in the correct order in the First4 Race, 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 will be carried forward and added to the Dividend Pool of the Succeeding First4 Race as determined by Board policy.

(c) If no unit of betting has selected the First Four Placings in the correct order in a First4 Race, the Dividend Pool shall be carried forward and added to the Dividend Pool of the Succeeding First4 Race as determined by Board policy.

(d) In circumstances where a Dividend Pool is terminating and there are no Winners, ie countback provisions have been exhausted and the Dividend Pool is distributed amongst all units of betting, eg the winning Entrant is Any/Any/Any/Any, then the dividend may be less than the dividend unit.

11.12.4 [INSERT] – Dividend Pool

Subject to Rule 11.12.5 relating to Dead Heats, Rule 11.12.8 relating to Termination and Rule 11.12.9 relating to a Declaration of less than four placings, the Dividend Pool shall be distributed as follows:

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