Part I Betting Duties

Pool betting duty

8BF2F1 Meaning of “accounting period" in sections 6 to 8

1

For the purposes of sections 6 to 8—

a

each period that ends with the last Saturday in a calendar month, and begins with the Sunday immediately following the previous such Saturday, is an accounting period, but

b

the Commissioners may by regulations make provision for some other specified period to be an accounting period.

2

Regulations made under subsection (1)(b) may—

a

make provision that applies generally or only in relation to a specified person or class of person;

b

make different provision for different purposes;

c

make transitional provision.