Part I

Excise duties

Gaming duty

Rates of gaming duty.
16
1
For the table in section 11(2) of the Finance Act 1997 (rates of gaming duty) substitute—

TABLE
Part of gross gaming yield | Rate
The first £470,500 | 2½ per cent.
The next £1,045,500 | 12½ per cent.
The next £1,045,500 | 20 per cent.
The next £1,830,000 | 30 per cent.
The remainder | 40 per cent.
2
This section has effect in relation to accounting periods beginning on or after 1st April 2000.
1997 c. 16.