Part ICUSTOMS AND EXCISE, VALUE ADDED TAX AND CAR TAX
CHAPTER I CUSTOMS AND EXCISE
Rates of duty
5 Pool betting duty.
1
In section 7(1) of the M1Betting and Gaming Duties Act 1981 (which specifies 40 per cent. as the rate of pool betting duty) for
“40 per cent.” there shall be substituted “
37.50 per cent.
”
2
This section shall apply in relation to bets made at any time by reference to an event taking place on or after 17th August 1991.