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Contract Details

A Labour MP to stand in the next Wellington local government elections

A Labour MP to stand in the next Wellington local government elections

WGTN16.MP.LABOUR
Contract Info 
  • Symbol: WGTN16.MP.LABOUR
  • Last Trade Price: $0.0573
  • Last Trade Time:
    6 Oct 15 3:45pm
  • Today’s Volume: 0
  • Average Daily Volume: 0.8
  • Today’s Change:
    NC (0.00%) 
  • Start Date: 4 Dec 14
  • Close Date: 1 Jan 17
  • Status: Active

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Long Description

This contract pays $1 if a current Labour Member of Parliament, as of the launch of this contract, stands at the next Wellington local government election. Otherwise, this contract pays $0.

Judging Criteria 

The purpose of this contract is to determine the likelihood a current Labour MP will stand in the next Wellington local government elections, set to be in 2016.

For the purposes of this contract, the candidate must have been a Labour MP at the launch of this contract.

This contract will pay $1 if a Labour Member of Parliament stands for any vacant position on the Wellington City Council at the next election, including as a Councillor, or Mayor, and will close following a definitive announcement of a the MP's candidacy.

The contract refers to candidates for the Wellington City Council. If the Wellington City Council joins a wider unitary council, then this contract will follow the new council.

iPredict's judgement is final.

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.