Section 317.70  Mandatory Distribution

a)         A written request for permission to distribute the Countdown carryover on a specific performance may be submitted to the State Director of Mutuels. The request shall contain justification for the distribution, an explanation of the benefit to be derived, and the intended date and performance for the distribution.

b)         Should the Countdown carryover be designated for distribution on a specified date and performance in which there are no wagers selecting the winning betting interest in each of the four designated Countdown contests, the entire pool shall be distributed as a single price pool to:

1)         those whose selection correctly designates the winning betting interest in any three of the four Countdown contests, but if there are no such wagers, then

2)         those whose selection correctly designates the winning betting interest in any two of the four Countdown contests, but if there are no such wagers, then

3)         those whose selection correctly designates the winning betting interests in one of the four Countdown contests.

c)         The Countdown carryover shall be designated for distribution on a specified date and performance only under the following circumstances:

1)         Upon written approval from the State Director of Mutuels as provided for in subsection (a) of this Section.

2)         On the closing performance of the meet, split meet or successive or intervening race meeting at the same race track.

d)         If, for any reason, the Countdown carryover must be held over to the corresponding Countdown of a subsequent meet, the carryover shall be deposited in an interest-bearing account approved by the State Director of Mutuels.  The Countdown carryover plus accrued interest shall then be added to the net Countdown pool of the following meet on a date and performance designated by the State Director of Mutuels.

e)         With written approval of the Board, the organization licensee may contribute to the Countdown carryover a sum of money up to any designated cap.