There are currently no known outstanding effects for the Finance Act 1998, Section 11.
(1)For the Table in section 11(2) of the M1Finance Act 1997 (rates of gaming duty) there shall be substituted the following table—
| Part of gross gaming yield | Rate |
|---|---|
| The first £450,000 | 2½ per cent. |
| The next £1,000,000 | 12½ per cent. |
| The next £1,000,000 | 20 per cent. |
| The next £1,750,000 | 30 per cent. |
| The remainder | 40 per cent.” |
(2)In section 11(3) of that Act (rate of duty for unregistered gaming), for “ 131/3per cent." there shall be substituted “ 40 per cent. ”
(3)This section has effect in relation to accounting periods beginning on or after 1st April 1998.
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