Part 1

Excise duties

Betting and gaming duties

Rates of gaming duty
10
1
For the Table in section 11(2) of the Finance Act 1997 (c. 16)
(rates of gaming duty) substitute—
Table
Part of gross gaming yield | Rate
The first £488,000 | 2.5 per cent.
The next £1,083,500 | 12.5 per cent.
The next £1,083,500 | 20 per cent.
The next £1,897,000 | 30 per cent.
The remainder | 40 per cent.
2
This section has effect in relation to accounting periods beginning on or after 1st April 2002.