The amount of payments on account
This section has no associated Explanatory Memorandum
4. For the purpose of calculating payments on account of gaming duty in the cases to which these Regulations apply, substitute the following Table for the Table in regulation 5 of the Gaming Duty Regulations 1997(1):
Table
| Part of gross gaming yield | Rate |
|---|---|
| The first £987,500 | 15 per cent |
| The next £680,750 | 20 per cent |
| The next £1,192,500 | 30 per cent |
| The next £2,516,750 | 40 per cent |
| The remainder | 50 per cent |
(1)
S.I. 1997/2196; relevant amending instruments are S.I. 2008/1949, 2009/2046.