SCHEDULES

SCHEDULE 2E+W+S Registered Pool Promoters

Modifications etc. (not altering text)

C1Sch. 2: functions of local authority not to be responsibility of an executive of the authority (E.) (16.11.2000) by virtue of S.I. 2000/2853, reg. 2(1), Sch. 1 Table B(6)

Conduct of registered pool promoter’s businessE+W+S

[F113A(1)In any competition the total amount payable by way of winnings shall be the aggregate of—E+W+S

(a)the total amount of the stakes in respect of entries in the competition, less the relevant percentage of that total amount; and

(b)any amount that has been duly carried over to the competition from a previous competition in accordance with any provision made under paragraph 14A of this Schedule;

less any amount that falls to be carried over from the competition in accordance with any such provision.

(2)In sub-paragraph (1) of this paragraph “relevant percentage” means such percentage as may be determined by the promoter, being—

(a)the same percentage in respect of all his competitions which depend on the same events or on events taking place on the same day; and

(b)a percentage which is determined and notified to the accountant before that day.]

Textual Amendments