(1)In section 7(1) of the M1Betting and Gaming Duties Act 1981 (which specifies 37.50 per cent. as the rate of pool betting duty) for “37.50 per cent.” there shall be substituted “ 32.50 per cent. ”
(2)This section shall apply in relation to any pool betting duty the requirement to pay which takes effect on or after 6th May 1995.
Marginal Citations