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Racing Industry Act 2020

TAB New Zealand - Betting licences

68: Issue of betting licences

You could also call this:

“TAB NZ gives racing clubs permission to hold betting races”

After racing dates, allocations, and conditions have been decided, TAB NZ will give betting licences to racing clubs that have been given dates. These licences will be given out as soon as possible.

Each betting licence will tell you:

  • The name of the racing club
  • The name of the racecourse where the betting races will happen
  • The date when the betting races can be held
  • Any other rules that the dates committee thinks are important

If a racing club is getting more than one betting licence, TAB NZ can put all of them on one piece of paper.

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View the original legislation for this page at https://legislation.govt.nz/act/public/1986/0120/latest/link.aspx?id=LMS292119.

Topics:
Money and consumer rights > Gambling Business > Industry rules
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"The dates committee can change racing schedules if TAB NZ and racing codes can't agree"

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Part 3 TAB New Zealand
Betting licences

68Issue of betting licences

  1. As soon as practicable after racing dates, allocations, and conditions have been set under a commercial agreement referred to in section 66(1) or under section 66(4), TAB NZ must issue betting licences to the racing clubs to whom dates have been allocated.

  2. Each betting licence must state—

  3. the name of the racing club; and
    1. the name of the racecourse at which the betting races are to take place; and
      1. the date on which the betting races may be held; and
        1. any other terms and conditions that the dates committee considers appropriate.

          1. Two or more betting licences to be issued to the same racing club may be combined in 1 document.

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