Have your say on racing industry reforms
Submissions are now open on the Racing Reform Bill. The
bill seeks to enable the implementation of recommendations
made in in the Review of the New Zealand Racing Industry
(the Messara Report).
The Messara Report was commissioned
in April 2018 to look at the status of the thoroughbred
racing industry in New Zealand and provide recommendations
for possible reform of the industry. The Racing Reform Bill
is the first of two law-making responses that would put into
effect some of the report’s key proposals.
These
proposals would drive the changes needed to build a
sustainable future for the racing industry.
The bill proposes that:
• the New Zealand Racing Board
(NZRB) change to the Racing Industry Transition Agency Board
(RITA).
• the collection of revenue from
overseas betting operators that provide betting services to
people living in New Zealand be allowed.
• the
totalisator duty currently paid by the NZRB to the Crown
progressively reduce, and then be repealed.
•
distribution formulas for the racing industry and minimum
payments formulas for New Zealand national sporting bodies
be removed. The bill would allow for both to be determined
by regulations.
• relevant sporting bodies be
permitted to offer betting products on sports not
represented by a domestic national sporting organisation.
Tell the Transport and Infrastructure Committee
what you think
Make your submission on the bill by
5.00pm Tuesday 4 June 2019. Oral submissions will take place
in Wellington on Wednesday 5 June 2019.
For more
details about the bill:
• Read the full content of the bill
•
Get more details about the bill
•
What’s been said in Parliament about the
bill?
• Follow the committee’s Facebook page for
updates
ENDS