Hockey Betting in New Zealand: How TAB’s Monopoly Shapes What a Punter Can Actually Bet On

Updated October 2026

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Updated on 30 October 2026 against TAB NZ’s published terms and the Racing Industry Act 2020 framework.

Ice hockey has never been a headline sport for New Zealand punters. Rugby, horse racing and the NRL crowd the front of TAB’s programme, and the NHL sits several layers deeper. Yet the sport draws enough interest that TAB NZ and its newer brand Betcha both carry ice hockey markets through the NHL season, and overseas bookmakers that are not licensed to serve New Zealand still list it widely. The question this page answers is what that actually means in practice: which brands a New Zealand-based punter can lawfully use, what the odds cost once the margin is stripped out, and how every promotion and rule on offer shapes the real return.

The Landscape for Hockey Betting in New Zealand

The first thing to understand about hockey betting in New Zealand is how narrow the legal ground is. Since 28 June 2025, when section 74AAA of the Racing Industry Act 2020 came into force, only TAB NZ (through its two online brands, TAB and Betcha) may offer racing and sports betting to a person in New Zealand. There is no licence application route for another bookmaker and no register of bookmakers, because the law does not envisage one. A brand a New Zealand punter can see advertising from overseas is, by definition, operating outside the law when it accepts a bet placed from a New Zealand address.

That single legal fact reorganises how every other part of the page reads. The bonuses, the apps, the predictions and the bet types are still produced by a global sports-betting industry — but only two of those brands, TAB and Betcha, sit on the lawful side of the New Zealand border. Everything else is a brand the punter can reach but cannot lawfully bet with under New Zealand law.

The Ice Hockey Federation (IIHF) is the highest governing body of the sport, and its rules shape what shows up on a betting slip. A professional game runs three twenty-minute periods with six players per side, one of them a goaltender. Tied games go to overtime; in the NHL regular season overtime is followed by a penalty shootout, while since 2019 the IIHF World Championships and the Olympic gold medal game use 3-on-3 overtime. Men’s ice hockey has been part of the Winter Olympics since 1924; women’s ice hockey was added in 1998.

What the Law Actually Says About Who Takes the Bet

The Racing Industry Act 2020, as amended by the Racing Industry Amendment Act 2025, states plainly that no person other than TAB NZ may offer racing betting, sports betting or other racing or sports betting to a person in New Zealand, regardless of where that person is resident or incorporated. The Department of Internal Affairs (DIA) told unlicensed providers serving New Zealand to withdraw with immediate effect. The law puts liability on the offshore operator, not on the player: section 19(4) of the Gambling Act 2003, inserted in 2025, says an individual may not be convicted for placing a bet with an offshore betting operator in breach of section 74AAA.

What that means for a punter in New Zealand is a clean split rather than a grey zone. TAB and Betcha are the two lawful options, with New Zealand harm-minimisation tools, regulator oversight and a complaints framework. Overseas brands are unlawful for the operator to serve New Zealand from, with no New Zealand complaints route and DIA’s stated risks — limits on recourse if a payout is withheld, and no guarantee that unspent credits come back. New Zealand does not block bookmaker sites. The player is not the target of prosecution, but the punter who bets with an offshore brand gives up the protections a domestic licence guarantees.

The Online Casino Gambling Act 2026 licences online casino gambling only. It does not licence sports betting, and the fact that TAB New Zealand may apply for a casino permit does not change the betting monopoly. Greyhound racing closes in stages from 1 August 2026, and from that date offshore operators may not take bets on greyhound races either.

TAB and Betcha are not rivals. They are the two online brands of TAB NZ, run by Entain under a 25-year agreement signed in 2023. The deal gives Entain a 50/50 share of gross profits, with at least $150 million a year going to TAB NZ for the first five years, and Entain pledged a one-off $100 million payment to the racing sector. The two brands share the same wallet and the same self-exclusion register; a punter who excludes on TAB has excluded on Betcha, and vice versa.

What a Punter Can Bet On, and Through Which Markets

TAB NZ takes fixed-odds and tote (pool) bets. Its published betting rules set out the menu of bet types from Win, Place and Each Way on racing to Quinella, Exacta, Trifecta, First Four, Double, Treble, Daily Double, Running Double, Quaddie and Big6, and on the sports side a set of Multis and Same Game Multis where the legs of the multi all come from one event. Live betting is listed in the TAB NZ apps; any statutory restriction on in-play markets has not been established and is not the topic of any published guidance.

A three-way hockey market — home win, draw (overtime loss in regulation terms), away win — is the standard shape of a TAB ice hockey line, because regulation ties do not exist in NHL play. The draw outcome settles as the away team winning in overtime or a shootout, which is why a punter comparing TAB’s three-way line with an unlicensed bookmaker’s 1X2 line can expect TAB’s draw price to mean something slightly different. There is no lawful New Zealand betting exchange, and spread betting sits outside TAB’s sports-betting definition.

Bets on politics and novelty markets have not been formally established under TAB’s programme; virtual (computer-simulated) sport is treated by the 2026 online casino law as casino gambling, and whether esports betting is “sports betting” under the Racing Industry Act is not established either. The cleanest reading is to stick to the ice hockey markets TAB actually publishes and ignore anything that depends on a category the law has not settled.

Responsible Gambling

TAB NZ’s app lists three harm-minimisation tools that every punter can know exist before opening the account: deposit limits, time-outs and self-exclusion. A deposit limit caps what goes in over a chosen period; a time-out suspends the account for a set window; self-exclusion closes the account for the duration chosen and is enforced across both TAB brands. The age for betting with TAB NZ is 18 — betting under 18 is an offence under section 89 of the Racing Industry Act 2020 — and the app carries a 17+ App Store age rating while stating that customers must be 18 or over to bet. Land-based casinos in New Zealand set the age at 20, and the two thresholds must not be merged.

The free Gambling Helpline (0800 654 655, text 8006) and Safer Gambling Aotearoa are the two national help points. TAB NZ must keep the risks of problem and underage gambling minimised and pays a Problem Gambling Levy of 0.74%, in force from 1 July 2025 to 30 June 2028. None of this changes the fact that offshore brands do not offer any of it. A punter who excludes on TAB cannot transfer that exclusion to an overseas operator, because the offshore brand is not on the same register and has no obligation to honour it.

Promotions, Bonus Bets and What They Actually Cost

TAB NZ runs “bonus bets” promotions; no New Zealand rule on bet-bonus size or wagering terms was found, so the only honest reference is TAB NZ’s own published terms on each promotion. The Advertising Standards Authority’s Gambling Advertising Code applies to every advertisement a New Zealand-facing brand runs: ads must not target children under 14 or young people aged 14 to under 18, judged by context, appeal and expected audience (25% or more of the audience counts as significant where accurate data exists), must not encourage harm and must be truthful with terms available. No New Zealand equivalent of a “whistle-to-whistle” advertising ban for betting was found.

The marketing word to watch is “free”. A TAB bonus bet is a credit the punter uses like a stake, and the result is settled differently from a real-money stake. Where a bonus bet wins, the stake is usually not returned alongside the profit; the punter keeps the winnings, not the bonus amount that produced them. That single rule reshapes what the offer is worth. A $10 bonus bet placed at odds of 3.00 returns $20 in profit on a win, not $30. The headline “Get $30 in bonus bets” is a ceiling on the size of the credit, not a guarantee of $30 in pocket.

Offshore brands list their own promotions the same way, with their own house rules. None of them are governed by the New Zealand Gambling Advertising Code, and none of them put a New Zealand harm-minimisation toolkit in the punter’s hand. The phrase “risk-free bet” elsewhere on the market almost always means a free bet credit on a loss, not a refund in cash — a distinction that decides whether the punter’s winnings are paid in withdrawable money or tied up in another bonus. The honest move is to read the settlement line of any promotion before treating its headline as the real offer.

The TAB NZ App and What It Actually Delivers

The TAB NZ app, published under the seller name New Zealand Racing Board, first appeared on the New Zealand App Store on 8 September 2014 and covers horse and harness racing, rugby union and rugby league and other sports, pre-match and live. It includes Trackside live race streaming with in-app betting, racing form tools, Blackbook and Jockey Challenge features, and a simplified wallet for deposits and withdrawals. Ice hockey markets sit inside the multi-sport menu rather than as a tab of their own.

Betcha is the newer TAB NZ app, published by Entain New Zealand Limited and first released on 6 August 2024. It carries horse, greyhound and harness racing plus rugby, NRL, MMA/UFC, NBA, NFL, tennis, cricket, football, motorsports and esports. Its ice hockey offering is thinner than TAB’s in raw event count, and it leans on the same wallet and the same self-exclusion register as TAB.

The honest picture is that TAB NZ’s app is a racing app that has been extended to cover sports. It does what a punter needs at the ice hockey line — fixed-odds markets, live betting, the betting slip — but it is not built around the NHL in the way an offshore sportsbook is. A punter whose interest is mainly NHL may find the layout slow for the sport and the live betting depth shallow compared with what an unlicensed brand lists.

Predictions and Strategy

No published source turns a prediction into a result. Every betting tip, every “lock of the night” and every model projection on the internet is a forecast, not a fact, and the difference between a 55% forecast and a 45% one disappears once the bookmaker’s margin is paid.

The strategy that costs a New Zealand punter the least, in the cold arithmetic of the market, is the one that respects what the margin is doing. A market with a 5% margin prices the “true” probabilities 5% lower than 100% across every outcome. Picking the most likely outcome of the most efficient market and staking a flat percentage of bankroll is the closest a disciplined punter comes to a working strategy. Anything that promises a system that wins — a staking plan, a “guaranteed” tipster service, a martingale variant — is selling the punter a story the arithmetic does not support.

Where the strategy question becomes concrete is in bankroll. A punter with $200 to bet across a season needs a unit size (1% to 2% of bankroll is the standard discipline) and a stop-loss that protects the bankroll from a bad week. The bookmaker’s edge is paid on every bet, and a punter who chases losses with bigger stakes pays that edge twice as fast.

Bet Types and How the Odds Are Built

A TAB NZ ice hockey line offers the three-way home/draw/away market, a totals market (over/under a stated number of goals), a range of handicap lines, period betting, and player props for the bigger NHL games. Same Game Multis let a punter combine outcomes from a single game into one betting slip, which compounds the margin across every leg.

The odds on a TAB hockey line are decimal odds ($2.10 means a $1 stake returns $2.10, profit $1.10). The bookmaker’s margin sits inside every price and is the answer to the question “what does the bookmaker keep of every dollar bet on this market?”.

The arithmetic behind that answer is straightforward on a two-way market. Take an illustrative market priced 1.90 / 1.90 — a deliberately symmetric example rather than a quoted TAB price — and the implied probabilities add to 1/1.90 + 1/1.90 = 1.0526, or about 105.3% of a “fair” book. That 5.3% above 100% is the bookmaker’s margin: roughly 5 cents kept of every dollar staked across the market, with the remaining ~95 cents returned to winning punters as payout share. Spread the same calculation across a real TAB three-way hockey line and the result is the same shape — every set of prices implies a probability sum above 100%, and that surplus is the margin the bookmaker keeps before a puck drops.

The lesson is that the price a punter sees is already the price after the margin. A two-way market at 1.90 / 1.90 is not “a coin flip with vig”; it is a coin flip that pays 1.90 on the dollar and keeps roughly 5% of every stake. The smaller the margin on a market, the more of every stake is returned to punters in aggregate, which is why sharp bettors shop margin before they shop headline price.

Sports and Tournaments: Where the Ice Hockey Calendar Lines Up

The 2026–27 NHL season starts on 29 September 2026 with 32 teams playing 84 games each, up from 82, and the regular season ends on 10 April 2027. The Carolina Hurricanes beat the Vegas Golden Knights in the 2026 Stanley Cup Final, which sets up the 2026–27 champion’s banner and the off-season moves that drive opening-month prices. Punters planning a season can anchor their bankroll to the regular-season calendar and treat the playoffs as a separate staking block: prices tighten as series progress, and bankroll discipline matters more when the games come every other night.

TAB NZ’s NHL coverage runs from October through the playoffs, with pre-match and live markets on the marquee matchups and a slimmer card on weeknight games against non-conference opponents. The IIHF World Championship and the Olympic tournament sit outside the NHL calendar but appear on TAB’s programme when they run, and the Olympic gold medal game uses 3-on-3 overtime, which has knock-on effects for the draw price in three-way markets.

The depth of TAB’s NHL card is enough to cover a season-long staking plan but not deep enough to match what an unlicensed bookmaker lists. A punter who wants player props on every game, period markets on every game, and a full derivatives card on goalies can expect TAB to fall short.

How the Top Bookmakers Compare for Hockey Betting in New Zealand

The two rows at the top sit on different ground from the eight beneath them. TAB and Betcha are the lawful options; the eight below are brands a New Zealand-based punter sees advertised and can technically reach online, but they sit outside the New Zealand licensing frame. A punter comparing brands on “which has the best hockey markets” needs to settle that legal split first, because the answer to “best” changes once offshore brands stop being a real option.

TAB — The Only Lawful Ice Hockey Bookmaker in New Zealand

TAB is the household name for betting in New Zealand and the only lawful online sportsbook under the post-2025 framework. Its ice hockey programme runs through the NHL season with the standard three-way market, totals, handicaps and a Same Game Multi builder on the bigger games. Live betting is listed, and the app carries the betting slip, the wallet and the harm-minimisation tools.

The cost picture is the margin and the bonus bets. TAB NZ’s lines carry the same kind of margin any bookmaker charges; the absence of competitors inside New Zealand means a TAB punter cannot shop the same market for a sharper price without leaving the lawful frame. The bonus bet promotions are the standard kind — credit on a qualifying bet, settlement on win-only basis — and the price of taking them is the settlement rule plus whatever the qualifying conditions say.

TAB is the right brand for a New Zealand-based punter who wants ice hockey markets, New Zealand harm-minimisation tools and a regulator they can complain to. It is not the right brand for a punter who wants the deepest NHL card, the widest player-prop menu or the most aggressive promotional calendar.

Betcha — The Same Monopoly in a Newer Wrapper

Betcha is the second TAB NZ brand, run by Entain New Zealand Limited and aimed at a younger, app-first audience. Its app first released on 6 August 2024 and carries the major North American leagues (NBA, NFL, NHL through the multi-sport menu), MMA/UFC and esports, alongside the racing codes. Ice hockey is part of the card rather than the headline.

The honest comparison with TAB is that Betcha does the same job with a fresher interface and a more North American sports lean. A punter who already has a TAB account gets nothing new on ice hockey markets by opening a Betcha account, because the markets, the wallet and the self-exclusion register are shared. Betcha is a different front door to the same product.

For a punter who only bets through an app and finds TAB’s racing-first design dated, Betcha is the better surface. For a punter who wants the longest-running TAB tooling — racing form, Blackbook, Jockey Challenge — the original TAB app carries more.

BillyBets — An Offshore Casino-Sportsbook Hybrid Without a New Zealand Licence

BillyBets runs a casino and a sportsbook under one account. The sportsbook covers football, tennis, table tennis, basketball, ice hockey, American football, baseball, combat sports, esports, virtual sports and live betting. The brand is not licensed in New Zealand: section 74AAA bars any operator other than TAB NZ from offering sports betting to a person in New Zealand, and BillyBets names no licence that applies here. There is no New Zealand complaints route, no New Zealand harm-minimisation framework, and no guarantee that unspent credits come back.

The cost of using BillyBets from a New Zealand address is the cost of stepping outside the regulated frame. A punter who places a bet here cannot complain to DIA if a payout is withheld, and the bonus-bet and free-bet settlement rules are BillyBets’ own. The ice hockey offering is broad, the live betting is integrated, but the legal ground is what it is.

For a New Zealand-based punter, BillyBets is the shape of the trade: deeper ice hockey markets than TAB, no New Zealand licence, no New Zealand recourse. A punter who needs the depth and accepts the gap is making a real trade; a punter who does not realise the gap is not.

FunBet — A 24/7 Offshore Sportsbook Without a New Zealand Licence

FunBet’s sportsbook offers odds on football, ice hockey, American football, basketball, volleyball, tennis, rugby and baseball, with live betting and a bookmaker described as open 24/7. The brand is not licensed in New Zealand, and the same legal analysis that applies to BillyBets applies here.

The honest read is that the 24/7 framing and the multi-sport menu make FunBet look like a generalist offshore sportsbook, which is exactly what it is. A New Zealand-based punter who walks in for ice hockey gets the standard three-way line, totals and handicaps, and the same absence of New Zealand consumer protection.

Glorion — An Offshore Brand With a Wide Market Menu

Glorion offers pre-match and live betting, virtual sports, horse racing and esports, with markets grouped into popular, niche, indoor and outdoor sports plus entertainment events such as award shows and elections. Not licensed in New Zealand, and the same offshore caveats apply.

The pitch is breadth — niche markets, entertainment markets, a sportsbook that tries to cover everything. For a punter who wants to bet on the Oscars or an awards show, Glorion is one of the few offshore brands that lists those markets. For ice hockey, the offering is a smaller slice of a wider menu.

RoyalistPlay — An Offshore Brand Holding a Tobique Gaming Commission Licence

RoyalistPlay’s sportsbook offers live betting, sports promotions, results and a schedule, with football, basketball, tennis, handball, ice hockey, volleyball and table tennis among the top sports. The brand holds a Tobique Gaming Commission e-gaming licence (No. 0000002) through Novatrix SRL, which gives no right to take bets from people in New Zealand.

The Tobique licence is the kind of licence that lets a brand advertise itself as “licensed” without giving it the standing to take bets from a New Zealand address. A punter who checks the footer of an offshore brand’s site and sees a Tobique, Anjouan or Curaçao number has not found a New Zealand entitlement. RoyalistPlay is a generic offshore sportsbook, and a New Zealand-based punter using it sits outside the New Zealand regulatory frame.

Winz — An Offshore Sportsbook With a Named Bonus Structure

Winz runs a sports betting bonus promotion, with separate Sportsbook T&C, Sports Rules and Bonus Terms pages. The brand holds Anjouan and Tobique licences through Novatrix SRL, and like the rest of the offshore set, no licence that applies to New Zealand.

The shape of Winz is the shape of an offshore sportsbook that wants a clear bonus story: a named promotion with its own terms page, separate from the casino side. A punter evaluating the bonus can read the bonus terms page rather than the headline, and can remember that the headline’s “free” rarely means “free in cash”. For ice hockey, the market depth is standard offshore fare.

Thunderpick — An Esports-First Brand With a Sportsbook

Thunderpick is esports-first, covering CS2, League of Legends, Dota 2 and Valorant, and its sportsbook offers a cash-out feature and markets from the Champions League to the NFL. The brand holds a Curaçao licence (OGL/2024/677/0722) through Paloma Media B.V., and is not licensed in New Zealand.

For a punter whose main interest is esports with a sportsbook attached, Thunderpick is a different shape from the rest of the offshore set. For a pure ice hockey punter, the esports-first framing means the ice hockey card is thinner than the dedicated sportsbooks. The Curaçao licence does the same job for the brand’s marketing as the Tobique licence does for RoyalistPlay: it is not a New Zealand entitlement.

Millioner — An Offshore Sportsbook With Standard Ice Hockey Coverage

Millioner’s sportsbook offers pre-match and live events on football, tennis, table tennis, basketball, ice hockey, American football and baseball, with separate Live Betting and Virtual Sports sections. The brand names no licence that applies in New Zealand.

The shape is the standard offshore sportsbook menu, with ice hockey one of seven top-level sports. A New Zealand-based punter gets the depth an offshore bookmaker offers on ice hockey and the absence of New Zealand consumer protection.

Alawin — An Offshore Sportsbook Without a Stated Licence

Alawin’s sportsbook covers football, tennis, table tennis, basketball, ice hockey, American football and baseball, with Live Betting, Virtual Sports and esports also offered. The brand names no licence that applies in New Zealand.

The honest read is the same as the other offshore brands without a stated New Zealand licence: the offering is the standard offshore menu, the legal ground outside New Zealand is the same, and the New Zealand-based punter’s recourse is the same — meaning none under New Zealand law. A punter who wants ice hockey markets from a non-TAB brand gets the choice of depth outside the regulated frame.

Tax, Payments and the Operator-Side Picture

For the player, Inland Revenue guidance is that recreational gambling winnings are generally not taxable, and prize money from TAB horse, dog and trotting races is not taxable. A person who bets as a business is a different case, and the honest framing is general information rather than tax advice: consult Inland Revenue or an accountant before relying on either side.

Operator-side, TAB NZ pays the Problem Gambling Levy (0.74%). Overseas operators supplying New Zealand residents pay an online gambling duty (12% of profits since 1 July 2024, rising to 16% from 1 January 2027). The duty being payable does not make an offer lawful — a brand can be paying tax somewhere and still be breaking New Zealand law by taking a bet from a New Zealand address. The point-of-consumption charge on offshore racing and sports bets ceased on 30 June 2026.

On payments, no statutory rule for betting accounts was found for card, bank, credit, prepaid or crypto. TAB NZ’s deposit methods and limits are operator-level and live in its terms. DIA warns that overseas operators may be in jurisdictions with minimal consumer safeguards, may not return unspent credits and may not pay out large wins. No payment-blocking order or bank obligation was found, and nothing states a rule on crypto or VPN use; account opening at TAB NZ requires a verified New Zealand address, which is how TAB enforces the 18+ age rule and the New Zealand-resident rule at the same time.

What a Punter Can Take From This Page

The cleanest takeaway is a two-row table rather than a long list. Inside the lawful New Zealand frame, TAB and Betcha are the only two brands a punter can use without stepping outside the law. Both share a wallet, a self-exclusion register and a margin structure, and the practical choice between them is the surface (TAB’s racing-first app versus Betcha’s North-American-sports lean) rather than the markets.

Outside the lawful frame, eight offshore brands list ice hockey. Some carry the standard three-way line, totals and handicaps; a few go deeper on player props, period markets and live derivatives. None of them offer New Zealand harm-minimisation tools, and none of them give a New Zealand-based punter a New Zealand complaints route. The depth is real, the gap is real, and the punter is the one who decides which side of the trade matters more.

The margin is paid on every bet, in any brand. A two-way market at 1.90 / 1.90 keeps roughly 5 cents of every dollar staked across both sides, and the same shape holds across TAB’s three-way hockey line once the draw is priced in. A bonus bet’s “free” usually means “winnings paid without the stake”; a “risk-free” offer usually means a free-bet credit on a loss. Reading the settlement line before taking the headline is what the page’s whole analysis points back to.

Frequently Asked Questions

How do you bet on a hockey game?

Pick a TAB NZ or Betcha account (the only lawful options for a person in New Zealand), open the ice hockey menu, choose the game and the market (three-way result, total goals, handicap, Same Game Multi), enter your stake on the bet slip and confirm. Decimal odds are used: a $10 stake at odds of 2.50 returns $25 in total ($15 profit plus your $10 stake back).

Can a New Zealand punter use Nitrogen Sports?

Nitrogen Sports is not on TAB NZ’s roster and is not licensed in New Zealand under section 74AAA of the Racing Industry Act 2020, so a New Zealand-based punter using it will be betting with an offshore operator that is not authorised to take bets from people in New Zealand. The legal target is the operator; no published player-side penalty was found, but the New Zealand harm-minimisation framework and complaints route do not apply.

What does Sports Insights do for hockey betting?

Sports Insights is a third-party odds-comparison and betting-tools platform that tracks market movement across bookmakers, not a New Zealand-licensed bookmaker. A punter can use it for market intelligence (line moves, sharp money indicators, public-betting splits) without placing a bet through it. Placing bets remains a matter of choosing a licensed operator, and in New Zealand that means TAB or Betcha.

Which bookmaker may lawfully take sports and racing bets in New Zealand?

Only TAB NZ, through its two online brands TAB and Betcha. Section 74AAA of the Racing Industry Act 2020, in force since 28 June 2025, prohibits any other person from offering racing or sports betting to a person in New Zealand, and the Department of Internal Affairs told unlicensed providers to withdraw with immediate effect.

How is the return on a bet worked out from the stake and the odds?

The return is the stake multiplied by the decimal odds. A $20 stake at odds of 3.40 returns $68 in total ($48 profit plus the $20 stake). The net profit is the stake multiplied by (odds minus 1), so the same example gives $48 profit. For a combination bet (a multi) the odds of the legs multiply into one price, and the same stake-times-odds rule applies to the combined price.

What is the bookmaker’s margin and how can it be seen in the odds?

The margin is the share of every dollar staked across a market that the bookmaker keeps on average. To see it, convert each price to an implied probability (1 divided by the odds) and add the probabilities together; the sum above 100% is the margin. An illustrative two-way market priced 1.90 / 1.90 sums to about 105.3%, meaning roughly a 5% margin — about 5 cents kept of every dollar staked, with the remaining ~95% returned to winning punters.

Prepared by the Nzbettinglaw editorial staff.