NEW ZEALAND GAZETTE, No. 77 — 23 JULY 2015

subsequent Quaddie Race, will not be taken into account, eg if there is a triple dead heat for First in the first Quaddie Race and a triple dead heat for First in the third Quaddie race, the third Quaddie race causes the number of Winning Permutations to reach nine and therefore the third and fourth Quaddie Races will not be taken into account, leaving three Winning Permutations; the three Race Entrants involved in the triple dead heat in the first Quaddie Race separately with the winner of the second Quaddie Race together with Any Race Entrant in both the third and fourth Quaddie Races.

(c) To calculate the Dividend attributable to each Winning Permutation, the Dividend Pool will be divided into the number of equal parts corresponding to the number of Winning Permutations determined by 11.13.5(a) and (b). Each part Dividend Pool may contain a pro rata part of any Guaranteed Pool Shortfall and each Winning Permutation together with their corresponding part Dividend Pool and part Guaranteed Pool Shortfall shall be respectively treated as the Winners of the four Quaddie Races, Dividend Pool and Guaranteed Pool Shortfall for the purposes of calculating Dividends through Rule 11.13.4.

11.13.8 [DELETE] – Abandonments

(a) Where after the scheduled start time of the first Quaddie Race, any Race in a Quaddie is abandoned, all Selections on that Race shall be deemed to be winners and the Dividend Pool will be divided on that basis.

(b) Where all Races of a Quaddie are abandoned or where, prior to the scheduled start time of the first Quaddie Race, any of the Quaddie Races are abandoned:

(i) all units of Quaddie betting will be refunded; and

(ii) any amount brought forward from any previous Quaddie shall be carried forward to the Quaddie Pool on the Succeeding Quaddie Race.

11.13.8 [INSERT] – Abandonments

(a) Where, after the scheduled start time of the first Quaddie Race, any Race in a Quaddie is abandoned, all Selections on that Race shall be deemed to be winners and the Dividend Pool will be divided on that basis.

(b) Where all Races of a Quaddie are abandoned or where, prior to the scheduled start time of the first Quaddie Race, any of the Quaddie Races are abandoned:

(i) all units of Quaddie betting will be refunded. Refunds will not include any Bonus Supplement or Guaranteed Pool Shortfall; and

(ii) any Bonus Supplement or Guaranteed Pool Shortfall will be returned to the Code Prize Reserve Pool.

11.14 Place6 Betting

11.14.1 Interpretation

[DELETE] – “Succeeding Place6” means in relation to a Place6 (“initial Place6”) the next Place6 at a Race Meeting selected by the Board.

11.14.4 [DELETE] – 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.

11.14.4 [INSERT] – Dividend Pool

Subject to Rule 11.14.5 relating to Dead Heats, 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 will be added to the Code Prize Reserve Pool.

(c) If no units of betting have selected a Placed Entrant in each of the six Races of a Place6, the Dividend Pool will be added to the Code Prize Reserve Pool.

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