Part I Excise duties
Gaming duty
16 Rates of gaming duty.
1
For the table in section 11(2) of the M1Finance Act 1997 (rates of gaming duty) substitute—
TABLE
Part of gross gaming yield
Rate
The first £470,500
2½ per cent.
The next £1,045,500
12½ per cent.
The next £1,045,500
20 per cent.
The next £1,830,000
30 per cent.
The remainder
40 per cent.
2
This section has effect in relation to accounting periods beginning on or after 1st April 2000.