4. The second percentage specified in section 11(13)(b) of the Lotteries and Amusements Act 1976(1) (which is the maximum percentage of the proceeds of a society’s lottery or a local lottery that the Gaming Board may allow, in the case of a lottery the proceeds of which exceed £20,000, to be appropriated on account of expenses) shall, instead of 30 per cent, be 35 per cent.
As amended by section 52(7) of the National Lottery Etc. Act 1993.