33 Status of New Zealand Racing Board and racing clubs

(1)

The New Zealand Racing Board and societies that are racing clubs under the Racing Act 2003 must be treated as corporate societies—

(a)

for the purposes of—

(i)

a class 4 operator’s licence or class 4 venue licence; or

(ii)

an application for, or the renewal or amendment of, either licence; and

(b)

that, for the purposes of a class 4 operator’s licence or a class 4 venue licence, apply net proceeds from class 4 gambling to an authorised purpose.

(1A)

Despite subsection (1)(b) and to avoid doubt, section 52A does not apply to the New Zealand Racing Board or a racing club.

(2)

A class 4 venue licence may be issued to the New Zealand Racing Board or a racing club to conduct class 4 gambling only at—

(a)

a venue owned or leased by the New Zealand Racing Board and used mainly for racing betting or sports betting; or

(b)

a racecourse.

(3)

However, a class 4 venue licence may not be issued to the New Zealand Racing Board or a racing club if another corporate society (other than the New Zealand Racing Board or that racing club)—

(a)

holds a class 4 venue licence for the venue; or

(b)

held a class 4 venue licence for the venue at any time during the 5-year period immediately before the date on which the application for the licence is made.

Section 33(1): replaced, on 3 March 2015, by section 17 of the Gambling Amendment Act 2015 (2015 No 3).

Section 33(1A): inserted, on 3 March 2015, by section 17 of the Gambling Amendment Act 2015 (2015 No 3).

Section 33(3): inserted, on 21 October 2015, by section 8 of the Gambling Amendment Act (No 2) 2015 (2015 No 90).