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Finance Act 1985

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There are currently no known outstanding effects for the Finance Act 1985, Paragraph 3. Help about Changes to Legislation

3F1(1). . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .U.K.

(2)For subsections (2) to (4) of that section there shall be substituted the following subsections—

(2)For the purposes of this Act a gaming machine is a smallprize machine if the value or aggregate value of the benefits in money or money’s worth, which any player who is successful in a single game played by means of the machine may receive, cannot exceed £3.

(3)The Commissioners may by order substitute for the sum for the time being mentioned in subsection (2) above such higher sum as may be specified in the order, with effect from a date so specified.

Textual Amendments

F1Sch. 5 Pt I para. 3(1) repealed (3.5.1994 with effect as mentioned in Schedule 3 to the amending Act) by 1994 c. 9, ss. 6, 258, Sch. 3, Sch. 26 Pt. II

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