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12(1)Section 24 (Horserace Betting Levy Board) shall be amended as follows.E+W+S
(2)In subsection (1) for “the Totalisator Board” substitute “ , while the exclusive licence under section 8 of the Horserace Betting and Olympic Lottery Act 2004 (sale of the Tote) has effect, the successor company nominated for the purposes of section 2 of that Act ”.
(3)In subsection (2)—
(a)for “seven other members” substitute “ six other members ”, and
(b)omit subsection (2)(e).
(4)In subsection (4)—
(a)for “, the Bookmakers' Committee and the Totalisator Board respectively” substitute “ or the Bookmakers' Committee ”, and
(b)for “subsection (2)(b), (d) or (e)” substitute “ subsection (2)(b) or (d) ”.
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Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
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