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- Point in Time (02/07/1998)
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Version Superseded: 01/12/2006
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(1)Section 22 of the 1993 Act (apportionment of money in Distribution Fund) shall be amended in accordance with subsections (2) to (6) below.
(2)After subsection (3)(e) (20 per cent. of balance of sums paid into National Lottery Distribution Fund to be allocated for expenditure on projects to mark the year 2000 and the beginning of the third millennium) there shall be inserted— “and
(f)131/3 per cent. shall be allocated for expenditure on or connected with health, education or the environment.”
(3)In subsection (3)(a) (20 per cent. to be allocated for expenditure on or connected with the arts) for “20 per cent.” there shall be substituted “ 162/3 per cent. ”
(4)In subsection (3)(b) (20 per cent. to be allocated for expenditure on or connected with sport) for “20 per cent.” there shall be substituted “ 162/3 per cent. ”
(5)In subsection (3)(c) (20 per cent. to be allocated for expenditure on or connected with the national heritage) for “20 per cent.” there shall be substituted “ 162/3 per cent. ”
(6)In subsection (3)(d) (20 per cent. to be allocated for charitable expenditure) for “20 per cent.” there shall be substituted “ 162/3 per cent. ”
(7)In section 30 of the 1993 Act (winding up of fund allocated under section 22(3)(e)) in subsection (1)(b) (substitution of higher percentages for the percentages which on 31st December 2000 are specified in section 22(3)(a) to (d)) after “(a) to (d)” there shall be inserted “ and (f) ”.
(8)In subsection (1) of section 44 of the 1993 Act (interpretation of Part II) after the definition of “the Distribution Fund” there shall be inserted—
““education” includes training and the provision of activities for children;
“the environment” includes the living and social environment;”.
(9)This section shall apply in relation to sums paid into the National Lottery Distribution Fund under section 21(2) of the 1993 Act on or after 14th October 1997.
(10)The Secretary of State shall make such re-allocations of—
(a)the money held in the National Lottery Distribution Fund at the commencement of this section,
(b)the money invested by the National Debt Commissioners under section 32 of the 1993 Act as at the commencement of this section, and
(c)the proceeds (as defined in section 32(4) of the 1993 Act) of the money mentioned in paragraph (b) above,
as are designed by the Secretary of State to give effect to the provisions of this section.
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