Racing Amendment Bill

  • discharged on 17 October 2018

Hon David Bennett

Racing Amendment Bill

Government Bill

288—1

Contents

Explanatory note
1Title
2Commencement
3Principal Act
4Section 5 amended (Interpretation)
5New section 5A inserted (Transitional, savings, and related provisions)
5ATransitional, savings, and related provisions
6Section 50 amended (Board may conduct betting)
7Section 52 amended (Board may make rules relating to racing betting)
8Section 54 amended (Board may make rules relating to sports betting)
9New section 55A inserted (Agreements with Sport and Recreation New Zealand)
55AAgreements with Sport and Recreation New Zealand
10Section 57 amended (Application of revenue from sports betting)
11New Part 6AA inserted
65AAPurpose and overview of this Part
65ABTerritorial scope
65ACInterpretation
65ADDesignated authority for each scheme
65AEAbility to delegate
65AFRequirements on offshore betting operators before using New Zealand racing and sporting information
65AGTerms and conditions of betting information use agreement
65AHMinister must set rates of betting information use charges
65AIPowers to enforce betting information use agreement
65AJRequirement to pay consumption charges
65AKMinister must set rates of consumption charges
65ALInformation to be provided relating to consumption charges
65AMLimit on proportion of revenue or profit payable as information use and consumption charges
65AMACertain offshore betting operators not liable for charges
65ANApplication of money received from charges
65AOMinister may grant exemptions
65APMinister may vary or revoke exemption
65AQStatus and publication of exemptions
65ARPenalties
65ASMaximum amount of penalties
65ATStatus and recovery of outstanding charges and penalties
65AUObligation to pay penalty not suspended by review or legal proceedings
65AVRegulations for this Part
12New Schedule 1AA inserted

The Parliament of New Zealand enacts as follows: