111Terms and conditions of betting information use agreement

1. The terms and conditions of a betting information use agreement must—

2. require the offshore betting operator to pay betting information use charges to the relevant racing code, relevant New Zealand national sporting organisation, or Sport and Recreation New Zealand (or a relevant nominee) for the operator’s use of New Zealand racing and sporting information; and
3. require the offshore betting operator to provide the designated authority with any prescribed information or other information that is reasonably required by the authority for the purpose of enabling the authority to monitor the effectiveness of the betting information use scheme; and
4. require the offshore betting operator to enter into an integrity and information sharing agreement with the Racing Integrity Board and to provide the Board with any prescribed information or other information that is reasonably required by the Board for the purpose of ensuring integrity in the racing betting market; and
5. in the case of a racing betting information use agreement, require the offshore betting operator to provide the relevant racing code with any prescribed information or other information that is reasonably required by the code for the purpose of monitoring compliance with the agreement; and
6. in the case of a sports betting information use agreement, require the offshore betting operator to provide the relevant New Zealand national sporting organisation, Sport and Recreation New Zealand, or a relevant nominee (as the case may be) with any prescribed information or other information that is reasonably required by the person for the purposes of—
   1. ensuring integrity in the sports betting market; and
   2. monitoring the operator’s compliance with the agreement; and
7. provide that the law applicable to the agreement is New Zealand law; and
8. provide for a dispute resolution process that the parties agree to submit to if they have a dispute relating to the agreement; and
9. provide that the courts of New Zealand are the courts with jurisdiction to hear and determine any proceedings relating to the agreement if the parties are unable to resolve a dispute through the dispute resolution process; and
10. provide that the offshore betting operator submits to the jurisdiction of the courts of New Zealand for the purposes of any proceedings referred to in paragraph (h); and
11. provide for any additional matters that may be prescribed.

Compare

• 2003 No 3 s 65AG