Pursuant to section 52 of the Racing Act 2003, the New Zealand Racing 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
Rule 5.2(c) is amended as follows:
5.2 Payment of Dividends, Returns and Refunds in respect of cash bets
Subject to Rule 5.1, payment of Dividends, Returns and Refunds will be made for cash Investments as following;
In the case of cash bets, the procedure for payment of Dividends, Returns and Refunds is as follows:
(c) Dividends, Returns and Refunds not claimed within six months of the date of the Race Meeting or Authorised Event concerned will be retained by the Board.
Change #2
Rule 5 is amended by adding the following new Rules:
5.3 Lost, destroyed, mutilated or stolen tickets
(a) Claims for lost, destroyed, mutilated or stolen tickets can be made for a period of 14 (fourteen) days after the Race Meeting or Authorised Event for which the ticket was issued is decided.
(b) The Board may charge an administration fee, as notified by the Board from time to time, for processing claims made under Rule 5.3.
(c) The claimant must provide all information required by the Board. Failure to provide such information may result in the claim not being processed and/or rejected.
(d) Notification that a ticket has been lost can be made to the Board but claims made under Rule 5.3 will not be accepted prior to the completion of the Race Meeting or Authorised Event and the ticket becoming eligible for payment of a Dividend.
(e) The Board reserves the right to reject payment of a claim made under Rule 5.3, and refer the matter to the Police, if in the Board’s reasonable opinion the claim being made is fraudulent.
(f) All decisions of the Board made in respect of claims made under Rule 5.3 will be final and no correspondence will be entered into.
These Rules come into force on 1 December 2009.
Full copies of the Betting Rules may be inspected on request at TAB offices, downloaded from the New Zealand Racing Board internet site
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 26th day of November 2009.
ANDREW BROWN, Chief Executive of the New Zealand Racing Board.