General Guidelines For The Use Of TAB NZ Net Proceeds
TAB NZ will mainly apply the net proceeds generated from its Class 4 Gaming Operation to its own Racing Authorised Purposes for the Promotion, Control and Conduct of a Race Meeting (as defined in the Racing Industry Act). TAB NZ has determined that at least 80% of its net proceeds shall be applied to the Racing Authorised Purposes.
TAB NZ will also distribute net proceeds to the communities of New Zealand, in accordance with its Sports Authorised Purpose, and has determined that up to 20% of its net proceeds shall be distributed under its Sports Authorised Purposes.
TAB NZ Net Proceeds Policies and Criteria
- Guidelines of application of net proceeds to Racing authorised purposes
- Distribution of net proceeds to Sports authorised purposes
- Eligibility and Prioritisation Policy for Distribution of Class 4 Net Proceeds
General Sports Funding Information
- All funding is subject to the availability of funds and compliance with the Sports Authorised Purposes statement, and the eligibility and prioritisation policy for the distribution of class 4 net proceeds.
- Retrospective applications will not be approved - all grants must be applied to specific and future purposes. Grant applications must be received by and processed before the actual event is held or the cost(s) incurred. TAB NZ recommends that applications be received at least six weeks prior to the event for our processing purposes. A valid application contains all the required documentation as outlined in the checklist in the grant application form.
- The completion of a grant application form does not constitute approval of the request for funds or, if approved, does not mean that further payments to the same recipient or for the same purpose will be approved in the future.
- The grant application form must be completed by the applicant only.
- TAB NZ Gaming Grant Funding will NOT include a GST portion regardless of the applicant's registered GST status.
- TAB operators cannot make any decisions or recommendations about applications and cannot action funding requests.
Applying for a Gaming Grant
TAB NZ encourages applicants to familiarise themselves with our ‘Distribution of net proceeds to Sports authorised purposes and Eligibility and Prioritisation Policy for Distribution of Class 4 Net Proceeds (above) prior to applying for gaming grant funding.
Gaming applications can be made through an online gaming grant system at https://tab.grants.comssystems.cloud/
Please note: TAB New Zealand's ability to support racing and amateur sports organisations across New Zealand through Class 4 gaming funding is subject to the ability to generate these funds. Like many organisations, operational restrictions and store closures from Covid-19 have impacted our ability to generate these funds over the past year. While TAB New Zealand will continue to endeavour to return as much as possible, less funding than in previous years is currently available to support racing and sport organisations. We thank you for your understanding.
Net Proceeds Meeting Dates
All applications must be received by TAB NZ by 5pm on the final received dates outlined below in order for the application to be considered at the next Net Proceeds Committee Meeting. Applications not received by this date will be deferred until the next meeting.
2021/22 MEETING DATES
FINAL RECEIVED DATES
12 May 2022
||8 April 2022|
12 July 2022
|10 June 2022|
For further information regarding further information on our Net Proceeds, including our meeting dates, please contact our TAB NZ Gaming team on (04) 576 6999 or [email protected].
Annual Review Of Grants Processes and Policies
TAB New Zealand (formerly the New Zealand Racing Board) began Class 4 gaming operations on 8 August 2011, and is required to conduct an annual review of the current criteria, methods, systems and policies that have been implemented when considering the distribution of the net proceeds from Class 4 gambling. The review will conducted on or before each anniversary.
Responsible Gambling Information
Further information on TAB NZ’s Responsible Gambling process is available at tab.co.nz.
All complaints must be made in writing and posted to:
TAB New Zealand
P O Box 38899
Wellington Mail Centre
Lower Hutt 5045
All complaints received will be investigated by the appropriate General Manager and/or Chief Executive Officer and referred to the Board for prompt resolution (if required). If a satisfactory resolution cannot be achieved, independent mediation will be sought to resolve any outstanding issues. Alternatively, complaints can be made with the Department of Internal Affairs.
TAB NZ Previous Funding Information
Annual Gaming Distributions (2021)
October 2021 Distribution Notice - Aug - July 2021
Annual Gaming Distributions (2020)
October 2020 Distribution Notice - Aug - July 2020
Annual Gaming Distributions (2019)
October 2019 Distribution Notice - Aug - July 2019
Annual Gaming Distributions (2018)
October 2018 Distribution Notice – Aug – July 2018
Annual Gaming Distributions (2017)
October 2017 Distribution Notice – Aug – July 2017
Annual Gaming Distributions (2016)
Distribution Notice – Aug – July 2016
Annual Gaming Distributions (2015)
Distribution Notice – Aug – July 2015
Annual Gaming Distributions (2014)
Distribution Notice – Aug – July 2014
Annual Gaming Distributions (2013)
Distribution Notice – Aug to July 2013
Annual Gaming Distributions (2012)
Distribution Notice – August to July 2012