Bob Parker to be elected Mayor of Christchurch (no MM)LB13.CHC.PARKER
- Symbol: LB13.CHC.PARKER
- Last Trade Price: $0.0000
- Last Trade Time:
5 Jul 13 12:00am
- Today’s Volume: 657
- Average Daily Volume: 0.0
- Today’s Change:
- Start Date: 18 Jan 12
- Close Date: 14 Oct 13
- Status: Closed
This contract pays $1 if Bob Parker is elected Mayor of Christchurch in the next local body elections. Otherwise this contract pays $0.
This contract will immediately close at $0 if Mr Parker definitively announces he will not be a candidate for the Christchurch mayoralty at the next local body elections.
This contract will close at $0 if Mr Parker departs from the Christchurch mayoralty for any reason prior to the end of this term and does not definitively indicate he will be a candidate for Mayor of Christchurch in the next local body elections within 48 hours of the announcement of his departure.
In the event the Christchurch City Council amalgamates with one or more other city councils, this contract will follow the amalgamated body. If Christchurch City Council is re-named this contract will follow the re-named body.
For the purposes of this contract, "next local body elections" refers to the first local body election which decides the Christchurch mayoralty which occurs after the launch of this contract.
This contract will be closed no later than 3 working days after the Close Date. The Close Date may be extended if the event outcome cannot be determined by that date.