Pursuant to the Racing Act 1971 and its subsequent amendments on 15 December 1995, the New Zealand Racing Industry Board on 18 May 2001 resolved to approve the changes to betting deductions, effective 30 August 2001, as set out in the following table:
Win Place Quinella Double Trifecta Treble Pick 6/6 Pack
TAB Commission 10.927 10.927 14.489 14.489 16.923 16.923 17.364
On-course Development 0.045 0.045 0.375 0.375 0.675 0.675 0.675
Stakes 0.025 0.025 0.035 0.035 0.090 0.090 0.450
Amenity 0.025 0.025 0.035 0.035 0.090 0.090 -
Duty 2.756 2.756 3.733 3.733 4.444 4.444 4.622
G.S.T. 1.722 1.722 2.333 2.333 2.778 2.778 2.889
Total Deduction 15.500 15.500 21.000 21.000 25.000 25.000 26.000
Return to Customers 84.500 84.500 79.000 79.000 75.000 75.000 74.000
J. LEACH, Acting Chief Executive, New Zealand Racing Industry Board.