Part IU.K. AUTHORISATION AND REGULATION OF THE NATIONAL LOTTERY

The licensing systemU.K.

5 Licensing of a [F1person] to run the National Lottery.U.K.

(1)The Director General may by licence authorise a [F2person] to run the National Lottery.

(2)Only one [F3person] may be licensed under this section at any one time.

(3)The Director General shall not grant a licence under this section unless an application in writing, containing such information as he has specified as necessary for enabling him to determine whether to grant it, has been made to him by such date as he has specified.

(4)The Director General shall not grant such a licence unless he is satisfied that the applicant is a fit and proper [F4person] to run the National Lottery.

(5)In determining whether to grant such a licence, the Director General may consider—

(a)whether any person who appears to him to be likely to manage the business or any part of the business of running the National Lottery under the licence is a fit and proper person to do so, and

(b)whether any person who appears to him to be likely to be a person for whose benefit that business would be carried on is a fit and proper person to benefit from it.

[F5(6)A licence under this section shall include a condition requiring the licensee to pay into the National Lottery Distribution Fund sums out of the proceeds of lotteries forming part of the National Lottery.

(6A)A licence under this section shall include provision for determining—

(a)the amount of payments under subsection (6), and

(b)the timing of payments under subsection (6).]

(7)A licence under this section may include a condition requiring the licensee to make such arrangements as may be determined by or under the licence for securing that, in circumstances specified in the licence, such sums as may be so determined are paid to the Director General for distribution to participants in lotteries forming part of the National Lottery.

Textual Amendments

F1Word in s. 5 heading substituted (1.10.2006) by National Lottery Act 2006 (c. 23), ss. 3(b), 22(1); S.I. 2006/2630, art. 2(a)

F2Word in s. 5(1) substituted (1.10.2006) by National Lottery Act 2006 (c. 23), ss. 3(b), 22(1); S.I. 2006/2630, art. 2(a)

F3Word in s. 5(2) substituted (1.10.2006) by National Lottery Act 2006 (c. 23), ss. 3(b), 22(1); S.I. 2006/2630, art. 2(a)

F4Words in s. 5(4) substituted (1.10.2006) by National Lottery Act 2006 (c. 23), ss. 3(b), 22(1); S.I. 2006/2630, art. 2(a)

Modifications etc. (not altering text)