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16(1)The Horserace Betting and Olympic Lottery Act 2004 (c. 25) shall be amended as follows.
(2)In section 21 (designation of Olympic Lotteries)—
(a)in subsection (1) for “section 6” substitute “section 5”, and
(b)subsections (2) and (3) shall cease to have effect.
(3)In section 22(1) (timing) for “section 6” substitute “section 5”.
(4)For section 24(1) (payments into Olympic Lottery Distribution Fund) substitute—
“(1)Where a sum is required by virtue of section 5(2)(c) of the National Lottery etc. Act 1993 (c. 39) to be paid into the National Lottery Distribution Fund out of proceeds of lotteries promoted in reliance on a licence, such proportion of that sum as is attributable to Olympic Lotteries shall be paid instead into the Olympic Lottery Distribution Fund.”.
(5)In section 26(4)(a) (payments out of Olympic Lottery Distribution Fund) for “section 5(6)” substitute “section 5(2)(c)”.
(6)In section 28(3)(a) (winding up of Olympic Lottery Distribution Fund) for “section 5(6)” substitute “section 5(2)(c)”.
(7)In section 32(3)(a) (distribution of Olympic Lottery Distributor) for “section 5(6)” substitute “section 5(2)(c)”.
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