Greyhound Racing New Zealand (GRNZ) is the tradename of the New Zealand Greyhound Racing Association Incorporated (NZGRA). GRNZ is an Incorporated Society consisting of eleven registered member Greyhound Racing Clubs throughout New Zealand.
GRNZ is formally recognised in the Racing Act 2003 as a constituent part of the New Zealand Racing Industry.
The Racing Industry in New Zealand is governed by the New Zealand Racing Board (NZRB) in accordance with the Racing Act 2003. The NZRB is required to provide governance and oversight to the Industry and GRNZ through approval of the annual GRNZ Statement of Intent and Business Plan. The NZRB is also responsible for distribution of annual wagering funding to the three racing Codes.
Objects of the Association
The Association was established to promote and advance greyhound racing, registration, breeding, safety and welfare in New Zealand and to formulate and administer rules and regulations governing these aspects. GRNZ is also responsible for the effective conduct of greyhound race meetings.
Role of the GRNZ Board of Directors
The Board is responsible for setting the strategic direction of GRNZ in accordance with its ultimate responsibility; the Objects of the Association.
The Board takes a commercial approach to its role which includes reviewing and approving the Statement of Intent and the Annual Business Plan, approving major infrastructure decisions and Club investments, monitoring the financial performance of the Association, appointing and reviewing the performance of the Chief Executive and ensuring the integrity, governance and greyhound advocacy at an industry and political level.
The Board's role is also to maintain and ensure adherence to GRNZ's rules.
The Board is made of up three independent Directors, three regional representatives and a Licenced Person representative. The Board has five formally constituted committees, these being the:
Racing Committee - discusses and reviews various racing and rule specific matters on behalf of the Board;
Dates Committee - establishes dates allocations to Clubs for the coming racing season;
Finance and Audit Committee - responsible for advising the Board on the financial policies and the financial position of the Association;
Personnel and Remuneration Committee - reviews the Chief Executive's performance and remuneration, including all performance incentive arrangements and attends to any employment matters as raised by the Chief Executive; and
Integrity Committee - discusses all integrity and judicial related matters on behalf of the Board.
In accordance with the Racing Act 2003 there is a greyhound racing representative on GRNZ's Board of Directors.