Betting, Gaming and Lotteries Act 1963

21 (1) Every registered pool promoter shall, not more than twenty-one days after the events to which any of his competitions relate have taken place, send to every competitor in that competition a statement of the percentage (calculated to the nearest one-tenth of one per cent.) which the first of the amounts hereinafter mentioned bears to the second of those amounts, that is to say— E+W+S

(a) the aggregate total stakes in that competition and all other competitions of that promoter which depend on those events or on other events taking place on the same day, [F1 after making in respect of each of those competitions the deductions mentioned in sub-paragraph (1A) of this paragraph;]

(b) the said aggregate total stakes, without any such deduction.

[F2 (1A) In relation to any competition, the deductions referred to are—

(a) a deduction of the aggregate of the total amount payable by way of winnings in the competition and any amount carried over from the competition in accordance with any provision made under paragraph 14A of this Schedule, less any amount carried over to the competition in accordance with any such provision, and

(b) a deduction of the amount of pool betting duty payable in respect of the competition.]

unless he has secured all such publicity as is reasonably necessary for the said statement by means of a newspaper announcement or newspaper announcements published within the said twenty-one days.

(2) The statement aforesaid may take the following form, that is to say—

“Commission and expenses per cent.”

with the addition (if in the context this is necessary) of words identifying the competition or competitions to which the statement relates.

Textual Amendments

F1 Words in Sch. 2 para. 21(1)(a) substituted (14.11.1994) by 1993 c. 39, s. 58(8)(a); S.I. 1994/2659, art.2

F2 Sch. 2 para. 21(1A) inserted (14.11.1994) by 1993 c. 39, s. 58(8)(b); S.I. 1994/2659, art.2