Part I Betting Duties
F2 General betting duty
Annotations:
Amendments (Textual)
F14Pool betting on horse and dog races
1
General betting duty shall be charged on pool betting which—
a
relates only to horse racing or dog racing, and
b
is not on-course betting.
2
But subsection (1) does not apply to pool betting if—
a
the promoter is outside the United Kingdom, and
b
it is conducted otherwise than by means of a totalisator situated in the United Kingdom.
3
The amount of duty charged under subsection (1) in respect of bets made by means of facilities provided by a person in an accounting period shall be 15 per cent. of the amount of his net stake receipts for the period.
Cross-heading and ss. 1-5D substituted (6.10.2001 with effect as mentioned in art. 2 of the commencing S.I.) for ss. 1-5 by 2001 c. 9, s. 6, Sch. 1; S.I. 2001/3089, art. 2