Part XXVIII Miscellaneous

Gaming contracts

I1412 Gaming contracts.

1

No contract to which this section applies is void or unenforceable because of—

a

F1. . . Article 170 of the Betting, Gaming, Lotteries and Amusements (Northern Ireland) Order 1985; or

b

F2. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2

This section applies to a contract if—

a

it is entered into by either or each party by way of business;

b

the entering into or performance of it by either party constitutes an activity of a specified kind or one which falls within a specified class of activity; and

c

it relates to an investment of a specified kind or one which falls within a specified class of investment.

3

Part II of Schedule 2 applies for the purposes of subsection (2)(c), with the references to section 22 being read as references to that subsection.

4

Nothing in Part II of Schedule 2, as applied by subsection (3), limits the power conferred by subsection (2)(c).

5

“Investment” includes any asset, right or interest.

6

“Specified” means specified in an order made by the Treasury.