2Horse Racing Fund

(1)

Article 3 of the 1990 Order (horse racing fund) is amended as follows.

(2)

In paragraph (1), for “the Corporation and the Company” substitute “horse racecourse operators”.

(3)

In paragraph (4)—

(a)

for “The Corporation and the Company” in the first place where it occurs substitute “Each horse racecourse operator”;

(b)

for “the Corporation and the Company” in the second place where it occurs substitute “the horse racecourse operator”.

(4)

After paragraph (4) insert—

“(4A)

A horse racecourse operator may submit a statement under paragraph (4) either on its own or together with any other horse racecourse operator.”.

(5)

In paragraph (5)—

(a)

in the words before sub-paragraph (a)—

(i)

for “the statement” substitute “a statement”;

(ii)

for “the Corporation or, as the case may be, the Company” substitute “the horse racecourse operator”;

(b)

in sub-paragraph (c), for “the Corporation or the Company” substitute “the horse racecourse operator”.

(6)

After paragraph (5) insert—

“(5A)

Where a horse racecourse operator submits a statement under paragraph (4) together with any other horse racecourse operator, any reference in paragraphs (4) or (5), or in Article 6 to either “the horse racecourse operator” or “a horse racecourse operator” is a reference to the horse racecourse operators in question.”.

(7)

Omit paragraph (6).