Part I Betting Duties

General betting duty

1 General betting duty.

1

Subject to the provisions of this Part of this Act, on any bet F1which is not an on-course bet and which—

a

is made with a bookmaker in F2the United Kingdom otherwise than by way of pool betting or coupon betting, or

b

is made by way of sponsored pool betting or is otherwise made by means of facilities provided by the Horserace Totalisator Board and is not a bet made with the Board by way of coupon betting, or

c

is made on any event on a track to which this paragraph applies by means of a totalisator on that track and on the day on which that event takes place,

there shall be charged a duty of excise to be known as general betting duty.

2

General betting duty shall—

a

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3

b

. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . F3, be of an amount equal to F46.75 per cent. of the amount staked.

3

Paragraph (c) of subsection (1) above applies—

a

to any track in respect of which there is for the time being in force a track betting licence granted under Schedule 3 to the M1Betting, Gaming and Lotteries Act 1963 F5or Article 37 of the M2Betting, Gaming, Lotteries and Amusements (Northern Ireland) Order 1985, and

b

to any track which the Commissioners see fit to treat for the purposes of that paragraph as if it were such a track.