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Contract Details

John Banks to recuse himself from votes on gambling or SKYCITY

John Banks to recuse himself from votes on gambling or SKYCITY

SKYCITY.BANKS.RECUSE
Contract Info 
  • Symbol: SKYCITY.BANKS.RECUSE
  • Last Trade Price: $0.0315
  • Last Trade Time:
    26 Oct 12 6:50pm
  • Today’s Volume: 0
  • Average Daily Volume: 0.1
  • Today’s Change:
    NC (0.00%) 
  • Start Date: 27 Apr 12
  • Close Date: 2 May 13
  • Status: Active

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Long Description

This contract pays $1 if John Banks announces he will not vote, or does not vote if and when votes occur, on matters concerning gambling and/or SKYCITY while the police are investigating matters referred to in Trevor Mallard's complaint dated 23 April 2012; otherwise it pays $0

Judging Criteria 

The contract concerns votes in Parliament.

An announcement that he will recuse himself involves Mr Banks issuing a media statement or making a public and definitive announcement that is reported on radio, TV and/or major newspapers, and the contract would close immediately after such an announcement.

The matters raised in Mr Mallard's complaint can be found at http://www.scoop.co.nz/stories/PA1204/S00337/letter-asks-for-scrutiny-of-banks-mayoral-donations.htm

If no announcement is made and no votes occur on matters concerning gambling and/or SKYCITY during the life of this contract, it shall close at $0.

If Mr Banks makes an announcement that he WILL vote on matters concerning gambling and/or SKYCITY while the police investigation, the contract shall nevertheless remain open in case he were to change his mind.

iPredict's judgment is final.

All dates and times are NZT.

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.


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