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Gambling Act 2005

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123LevyE+W+S

This section has no associated Explanatory Notes

(1)The Secretary of State may make regulations requiring holders of operating licences to pay an annual levy to the Commission.

(2)The regulations shall, in particular, make provision for—

(a)the amount of the levy;

(b)timing of payment of the levy.

(3)The regulations may, in particular, make provision—

(a)determining the amount of the levy by reference to a percentage of specified receipts of an operating licence holder,

(b)determining the amount of the levy by reference to a percentage of specified profits of an operating licence holder,

(c)determining the amount of the levy by reference to a percentage of the annual fee under section 100,

(d)providing for the determination of the amount of the levy according to a specified formula, or

(e)providing for the determination of the amount of the levy in some other way.

(4)Any sum due by way of levy by virtue of this section shall be treated for the purposes of this Act as if it were due by way of annual fee under section 100.

(5)The Commission shall, with the consent of the Treasury and of the Secretary of State, expend money received by way of levy for purposes related to, or by providing financial assistance for projects related to—

(a)addiction to gambling,

(b)other forms of harm or exploitation associated with gambling, or

(c)any of the licensing objectives.

(6)In subsection (5) the reference to financial assistance is a reference to grants, loans and any other form of financial assistance, which may be made or given on terms or conditions (which may include terms and conditions as to repayment with or without interest).

(7)The Secretary of State shall consult the Commission before making regulations under this section.

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Modifications etc. (not altering text)

Commencement Information

I1S. 123 in force at 1.9.2007 by S.I. 2006/3272, art. 2(4)(5), Sch. 3B (with arts. 7-11, 7-12, Sch. 4) (as inserted by S.I. 2007/2169, arts. 3, 6, Sch.)

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