Part XXVIII

Miscellaneous

Gaming contracts

Gaming contracts.
412
1
No contract to which this section applies is void or unenforceable because of—
a
. . . Article 170 of the Betting, Gaming, Lotteries and Amusements (Northern Ireland) Order 1985; or
b. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
This section applies to a contract if—
a
it is entered into by either or each party by way of business;
b
the entering into or performance of it by either party constitutes an activity of a specified kind or one which falls within a specified class of activity; and
c
it relates to an investment of a specified kind or one which falls within a specified class of investment.
3
Part II of Schedule 2 applies for the purposes of subsection (2)(c), with the references to section 22 being read as references to that subsection.
4
Nothing in Part II of Schedule 2, as applied by subsection (3), limits the power conferred by subsection (2)(c).
5
“Investment” includes any asset, right or interest.
6
“Specified” means specified in an order made by the Treasury.
S. 412 wholly in force at 1.12.2001; s. 412 not in force at Royal Assent see s. 431(2); s. 412 in force for certain purposes at 25.2.2001 by S.I. 2001/516, art. 2(b), Sch. Pt. 2; s. 412 in force in so far as not already in force at 1.12.2001 by S.I. 2001/3538, art. 2(1)
Words in s. 412(1)(a) repealed (1.9.2007) by Gambling Act 2005 (c. 19), ss. 334(1)(e)(i), 356(4)(5), 358(1), Sch. 17 (with ss. 334(2), 352, 354); S.I. 2006/3272, art. 2(4), Sch. 3B (with Sch. 4) (as amended by S.I. 2007/1157, arts. 3(5), 7-12; S.I. 2007/1527, art. 2(2); S.I. 2007/2169, arts. 3, 6-11, Sch.)
S. 412(1)(b) repealed (1.9.2007) by Gambling Act 2005 (c. 19), ss. 334(1)(e)(ii), 356(4)(5), 358(1), Sch. 17 (with ss. 334(2), 352, 354); (as amended by S.I. 2007/1157, arts. 3(5), 7-12; S.I. 2007/1527, art. 2(2); S.I. 2007/2169, arts. 3, 6-11, Sch.)