Hope for more tax relief

Press, 24 May 1977, Page 25

Hope for more tax relief

PA Wellington Tax relief On a larger seal* than that provided last year is the hope Of the New Zealand Rating Conference, in this year’s budget The Conference made Oxtensive submissions to the Government last year but only a small part Of them was satisfied when a deduction of a half of one per cent of on-course turnover was authorised. “TO our disappointment,” the secretary of the Racing Conference (Mr A. R. Algie) said yesterday, "that was taken from the punter and not. as we asked from the Government’s duty.” The Conference Executive is hoping that this year’s Budget, expected somewhat later than usual in July, will ] impiemeat the balance of its! submissions. If it does racing will re-1 ceive two concessions: a re- ] duction of a half of one per cyjt in duty on off-course! turnover and an increase ini thfe,present annual rebate Of I which each club receives. The conference is' asking that instead of $2500 a Sear. each club should receive $2500 per racing day —an increase of $22,500 for a xiub with 10 days a seascm, • BLOOD-TYPING "The Conference is to introduce blood-typing for the purpose Of establishing pareqjage in cases where marts have been covered by two sirea, in the same season. Professor C. H. G. Irvine, the conference’s veterinary consultant, has advised the executive that he 'Adil soon bsve the facilities for bloodtyping, which requires the analysis of blood from both sifts, the dam and the foal. Blood-typing in the cast of a dual covering will hot be' mandatory in the immediate future, but. said Mr Algie, “The Conference prObgffly will work toward that.”

> It is intended, "in the r fdrseeabie future” to blbod--1 type ill stallions entering ( New Zealand and each mare , as she enters the Stud BookELECTRONIC TIMING s The policy was framed at , t the May meeting of the ' t executive, which also dealt . with electronic timing and f the issue of companies fac- . ing horses. It is likely to be somei 1 time before electronic timing l ( - is standardised. Currently it] I is carried out in two ways. , ; At Te Rapa and Avondale I the timer starts when the - I gates open but At Ellerslie it starts when the starter , ! presses the button. The difference, according to Mr - t Algie, is between one-tenth and one-fifth of a second. I ( Inquiries overseas have; (shown that methods differ- ( ■lThe genera) American prac- , ■ tice is to time from a flying j ’ start by Siting the barrier ijsOm behind the electronic j i beam, but in New South g • I Wales the pressing 6f the\ ■ start button activates theii > I timer. L Considering that a delay i ;of one tenth Of a second isl<

built into starting at Olym-j pic athletic level the execu-j tive has decided to raise the j isAue at the next Internationai meeting of racing authorities in Paris next October with a view to seeking standardisation. The executive will sponsor a remit at the next annual meeting of the cdnference in July which Will permit stud i companies to race horses in i their own interests under! certain conditions. ! Such a company will re- i quire the approval of the j president of the conference.! To gain that the company] will need as its primary! object the breeding of' horses, and no company will]' be permitted to race geld-' ings. Only fillies, mates and] entires will be acceptable. [ Under the present Rule ai company may not race but [ may lease its stock for racing' purposes. The Waikato Racing Club! has been given an extra -day’s racing in consideration: of" its staging 'the Royal] meeting last February. The j date on which the club will > use the permit is Wednesday, July 6.