Part I AUTHORISATION AND REGULATION OF THE NATIONAL LOTTERY

The licensing system

7AF1Annual fee

1

The holder of a licence under section 5 or 6—

a

shall pay a first annual fee to the Commission within such period after the issue of the licence as may be prescribed, and

b

shall pay an annual fee to the Commission before each anniversary of the issue of the licence.

2

In this section—

  • “annual fee” means a fee of such amount as may be prescribed, and

  • “prescribed” means prescribed by regulations made by the Secretary of State.

3

Subsection (1)(b) does not apply in relation to an anniversary of the issue of a licence on or immediately before which the licence ceases, by virtue of its terms, to have effect.

4

The Commission shall pay fees received by virtue of this section into the Consolidated Fund.