Part 3 TAB New Zealand
55Governing body of TAB NZ
The governing body of TAB NZ consists of up to 7 members appointed by the Minister, as follows:
- 3 persons appointed by the Minister on the recommendation of the selection panel following:
- the nomination of New Zealand Thoroughbred Racing Incorporated, Harness Racing New Zealand Incorporated, and New Zealand Greyhound Racing Association Incorporated (or by Racing New Zealand acting on behalf of the racing codes); and
- the process described in section 56; and
- the nomination of New Zealand Thoroughbred Racing Incorporated, Harness Racing New Zealand Incorporated, and New Zealand Greyhound Racing Association Incorporated (or by Racing New Zealand acting on behalf of the racing codes); and
- the rest of the members appointed by the Minister on the recommendation of the selection panel following the nomination and consultation process described in section 56.
The Minister may veto a nomination made by the racing codes under subsection (1) but, if the Minister does so, the codes may make 1 or more further nominations until the Minister and the codes agree on the nominee.
An appointment must be made by written notice to the person concerned.
The Minister must appoint a chairperson from among the members.
In appointing members, the Minister must have regard to the need for the governing body to have available to it, collectively, from its members, knowledge of, or experience in,—
- racing administration at a national level:
- sport administration at a national level:
- the betting industry and market:
- broadcasting:
- technology related to betting or gambling:
- preventing and minimising harm associated with gambling:
- business, marketing, or economics.
The Minister must notify an appointment in the Gazette as soon as practicable after making the appointment.
A member holds office for a term not exceeding 3 years as specified in their notice of appointment and may be reappointed.
A member continues in office despite the expiry of their term until—
- the member is reappointed; or
- the member’s successor is appointed.
All decisions relating to the business or affairs of TAB NZ must be made by or under the authority of its governing body in accordance with the most recent statement of intent of TAB NZ presented to the House of Representatives under section 62.
The governing body has all the powers necessary for managing, and for directing or supervising the management of, the business and affairs of TAB NZ.
Schedule 3 applies to TAB NZ and its governing body.