Finance Act 1999 (c. 16)

Part I U.K. Excise duties

Modifications etc. (not altering text)

C1 Pt. 1 excluded by 1990 c. 19, s. 61(3) (as substituted (11.2.2005) by The Stamp Duty Land Tax (Consequential Amendment of Enactments) Regulations 2005 (S.I. 2005/82), regs. 1, 2(2))

Betting and gaming duties U.K.

6 Rate of pool betting duty. U.K.

(1) In section 7(1) of the M1 Betting and Gaming Duties Act 1981 (rate of pool betting duty), for “26.50 per cent.” there shall be substituted “ 17.50 per cent. ”

(2) This section has effect in relation to bets the stake money on which is or has been paid on or after 28th March 1999.

Marginal Citations

M1 1981 c.63

7 Rates of gaming duty. U.K.

(1) For the Table in section 11(2) of the M2 Finance Act 1997 (rates of gaming duty) there shall be substituted—

“ Table

Part of gross gaming yield	Rate
The first £462,500	2½ per cent.
The next £1,027,500	12½ per cent.
The next £1,027,500	20 per cent.
The next £1,798,500	30 per cent.
The remainder	40 per cent.”

(2) This section has effect in relation to accounting periods beginning on or after 1st April 1999.

Marginal Citations

M2 1997 c.16