Notice Type
Authorities/Other Agencies of State
Notification of Approval of Changes to Betting Deductions and Returns to Customers Effective From 1 October 1998 Pursuant to the Racing Act 1971 and its subsequent amendments on 15 December 1995, the New Zealand Racing Industry Board on 12 June 1998 resolved to approve the changes to betting deductions and returns to customers, effective 1 October 1998, as set out in the following table: Win Place Quinella Double Trifecta Treble Pick 6 6 Pack TAB Commission 10.912 10.912 14.364 14.364 16.698 16.698 16.689 16.689 Levies 0.110 0.110 0.570 0.570 1.080 1.080 1.800 1.800 Duty 2.756 2.756 3.733 3.733 4.444 4.444 4.622 4.622 G.S.T. 1.722 1.722 2.333 2.333 2.778 2.778 2.889 2.889 Total Deduction 15.500 15.500 21.000 21.000 25.000 25.000 26.000 26.000 Return to Customers 84.500 84.500 79.000 79.000 75.000 75.000 74.000 74.000 J. R. ALEXANDER, Chief Executive, New Zealand Racing Industry Board.
Publication Date
2 Jul 1998

Notice Number

1998-au4625

Page Number

2035