N.J. Admin. Code § 13:71-6.31

Current through Register Vol. 56, No. 24, December 18, 2024

Section 13:71-6.31 - Horsemen's bookkeeper account

(a) Each track association shall establish a horsemen's bookkeeper account to hold monies deposited by standardbred owners. The horsemen's bookkeeper shall maintain a record of each account crediting such account, as applicable, with all earnings, awards or deposits. The horsemen's bookkeeper shall also deduct payments as directed by the account holder or his or her authorized agent and collect assessments for the cost of workers' compensation insurance coverage pursuant to this chapter and the rules promulgated by the New Jersey Horse Racing Injury Compensation Board set forth at N.J.A.C. 13:73.

(b) The horsemen's bookkeeper at each racetrack in New Jersey shall transmit on a weekly basis all monies collected for the cost of workers' compensation insurance or self-insurance coverage to the New Jersey Racing Commission, which shall deposit these monies in a separate account for the use of the Board.

New Rule, R.2000 d.35, effective 1/18/2000.
See: 31 New Jersey Register 3050(a), 32 New Jersey Register 322(a).
Amended by R.2002 d.70, effective 3/4/2002.
See: 33 New Jersey Register 3626(a), 34 New Jersey Register 1020(a).
In (a), substituted "13:73" for "13:70A-1.1, et seq."; deleted (b) and (c), and recodified existing (d) as (b).