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The Horserace Betting Levy Schemes (Variation of Settlement Period) Order 1981
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Statutory Instruments
1981 No. 753
BETTING, GAMING AND LOTTERIES
The Horserace Betting Levy Schemes (Variation of Settlement Period) Order 1981
Made
16th May 1981
Coming into Operation
31st July 1981
In pursuance of section 1(7) and (8) of the Horserace Betting Levy Act 1969, I hereby make the following Order:—
1. This Order may be cited as the Horserace Betting Levy Schemes (Variation of Settlement Period) Order 1981 and shall come into operation on 31st July 1981.
2. Section 1(2) of the Horserace Betting Levy Act 1969 (procedure for determination of annual scheme for bookmakers' levy where a scheme is not settled by agreement between the Bookmakers' Committee and the Horserace Betting Levy Board) shall, in relation to any levy period beginning after the coming into operation of this Order, be amended by substituting for the words “eight months” (which words were substituted by the Horserace Betting Levy Schemes (Variation of Settlement Period) Order 1978) the words “five months”.
3. The Horserace Betting Levy Schemes (Variation of Settlement Period) Order 1978 is hereby revoked.
W.S.J. Whitelaw
One of Her Majesty's Principal Secretaries of State
Home Office
16th May 1981
EXPLANATORY NOTE
The levy payable by bookmakers to the Horserace Betting Levy Board is regulated by a scheme settled annually by the Board with the agreement of the Bookmakers' Committee or, in default of agreement, by the Secretary of State. The levy period begins with 1st April each year. Section 1(2) of the Horserace Betting Levy Act 1969 (as amended by the Horserace Betting Levy Schemes (Variation of Settlement Period) Order 1978) provides for the Secretary of State to be informed, and for him to determine the scheme, if the recommendations of the Bookmakers' Committee have not been approved by the Board eight months before the beginning of the levy period. This Order reduces the period of eight months to five months. The effect of the Order is that section 1(2) of the 1969 Act will come into play on 1st November in any year, instead of on 1st August, in relation to a scheme for the year following.
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