New Zealand Legislation: Regulations
Regulations are laws made under Acts
(1) In these regulations, unless the context otherwise requires,—
Act means the Gambling Act 2003
gross proceeds, in relation to gambling, means the turnover of the gambling plus interest or other investment return on that turnover plus proceeds from the sale of fittings, chattels, and gambling equipment purchased from that turnover or investment return, less prizes
net proceeds committee means a committee established under regulation 8.
(2) Unless the context otherwise requires, terms and expressions that are not defined in these regulations but that are defined in the Act have the same meaning as in the Act.