7B Net pool betting receipts: meaning of “dutiable pool bet”U.K.
(1)For the purposes of a calculation under section 7A of the amount of a person’s net pool betting receipts for any accounting period, a bet (wherever made) is a “dutiable pool bet” if—
(a)the bet is made by way of pool betting, and
(b)the following conditions are satisfied.
(2)The first condition is that—
(a)the bet is made by means of a totalisator situated in the United Kingdom and that person is the operator, or
(b)the bet is made otherwise than by means of a totalisator and that person is the promoter and is in the United Kingdom.
(3)The second condition is that the bet is not—
(a)made by way of sponsored pool betting,
(b)made as mentioned in section 4(3), or
(c)made for community benefit.
(4)The third condition is that if the bet was made before 31st March 2002, at least one event to which it relates takes place on or after that date.