(1) This Act replaces the Racing Act 1971.
(2) Part 1 provides for the commencement of the Act, states the purpose of the Act, defines certain terms used in the Act, and contains other preliminary provisions.
(3) Part 2 establishes the New Zealand Racing Board, which replaces the New Zealand Racing Industry Board and the Totalisator Agency Board.
(4) Part 3 contains provisions relating to the 3 racing codes and the racing clubs that are members of those codes. The racing codes are New Zealand Thoroughbred Racing Incorporated, Harness Racing New Zealand Incorporated, and the New Zealand Greyhound Racing Association (Incorporated).
(5) Part 4 requires each code to have racing rules, and provides for the racing judicial system and other related matters.
(6) Part 5 relates to the racing calendar and the issue of licences for race meetings.
(7) Part 6 provides for rules governing betting and related matters.
(8) Part 7 repeals the Racing Act 1971, makes consequential amendments, and provides for miscellaneous matters.
(9) Part 8 contains transitional provisions.