Pursuant to section 52 of the Racing Act 2003, the New Zealand Racing Board ("Board") hereby gives notice of the following amendments to the Betting Rules published as a Supplement to the New Zealand Gazette, 25 August 2003, No. 113, page 2981.
Change #1
"4.16 Cancellation of Investments
An Investor must ensure that their bet is placed correctly as the Board may refuse to cancel any bet without giving reason. Without limiting this power, the Board may refuse to cancel any bet for any of the following reasons:
(a) The bet was placed via the Internet.
(b) The bet was placed on an Authorised Event during "Live Betting".
(c) The first Race involved in the bet has started.
(d) The first Authorised Event involved in the bet has started.
(e) The bet was placed on an Authorised Event during a break in play, and play has resumed.
(f) The bet is a Fixed Odds bet and more than 60 seconds has elapsed since the bet was accepted by the Board.
(g) The bet is a Totalisator Bet and more than 120 seconds has elapsed since the bet was accepted by the Board."
Change #2
"5 CONDITIONS RELATING TO INVESTMENTS BY CASH
5.1 Acceptance and Issue of Bets
(a) The Board's agent in charge of any Totalisator Agency may declare at any time that the office is closed for receiving cash Investments.
(b) Only bank notes, coins or such other instruments for payment as the Board may determine from time to time shall be accepted.
(c) On acceptance of the Investment by the Board, Investors will be issued with a bet on a printed ticket which must be presented when claiming any Dividend, Return or Refund due in respect of such bet.
(d) Such tickets will be printed to show the date of issue, the name designated for the Race Meeting or event concerned, the selections, Ticket Value and such other particulars as may be required to identify the bet recorded.
(e) Subject to the provisions of this Rule and Rule 4.16, the Investor shall be deemed to accept the ticket issued to him or her unless he or she applies within 120 seconds (for a Totalisator Bet) or 60 seconds (for a Fixed Odds Bet) of the bet being accepted by the Board for the rectification of any error or omission in the ticket."
Change #3
"10.10.3 Commingling as Guest
(a) The New Zealand Racing Board may bet into a Merged Pool of a Commingling Partner as listed in Rule 10.10.6.
(b) Subject to Rule 10.10.3(c), when Commingling as a Guest, the Betting Rules of the Host jurisdiction as they apply to the commingled pools will apply and will override the equivalent rule in New Zealand Racing Board's General Betting Rules. The Betting Rules of the Host are listed in the appropriate Commingling Partner Appendix as defined in Rule 10.10.6.
(c) Irrespective of the Controlling Body, the Board's Betting Rules 4.16(g) that relate to the cancellation of Totalisator bets will apply to Commingled bets.
10.10.4 Commingling as Hub
(a) The NZ Racing Board may bet into a Merged Pool of a Commingling Partner as listed in Rule 10.10.6 via a Hub.
(b) Subject to Rules 10.10.3(c) and 10.10.3(d), when Commingling as a Hub, the Betting Rules of the
Host jurisdiction as they apply to the commingled pools will apply and will override the equivalent rule in New Zealand Racing Board's General Betting Rules. The Betting Rules of the Host are listed in the appropriate Commingling Partner Appendix as defined in Rule 10.10.6.
(c) Irrespective of the Controlling Body, the Board's Betting Rules 4.16(g) that relate to the cancellation of Totalisator bets will apply to Commingled bets."
These Rules come into force on 19 May 2014.
Full copies of the Betting Rules may be inspected on request at TAB offices, downloaded from the New Zealand Racing Board website
www.nzracingboard.co.nz
or may be purchased from the New Zealand Racing Board, PO Box 38899, Wellington Mail Centre, Lower Hutt 5045.
Dated at Wellington this 2nd day of May 2014.
CHRIS BAYLISS, Chief Executive of the New Zealand Racing Board.