Pursuant to section 52 of the Racing Act 2003, the New Zealand Racing Board hereby gives notice of the following amendment to the Betting Rules*.
(a) Statutory deduction - Quinella
The statutory deduction for commingled quinella pools will be 17.50%.
Where a pool is scheduled to be commingled, but the Board decides to un-commingle the pool before any betting data is exchanged with Tabcorp, then the statutory deduction for that quinella pool will be the statutory deduction as listed in APPENDIX 1.
This Rule comes into force on 18 September 2012.
A full copy of the Betting Rules may be inspected on request at TAB offices, downloaded from the New Zealand Racing Board website
or may be purchased from the New Zealand Racing Board, PO Box 38899, Wellington Mail Centre, Lower Hutt 5045.
Dated at Wellington this 6th day of September 2012.
CHRIS BAYLISS, Chief Executive of the New Zealand Racing Board.
*Supplement to the New Zealand Gazette, 25 August 2003, No. 113, page 2981