Finance Act 2004

16Rates of gaming dutyU.K.

(1)For the Table in section 11(2) of the Finance Act 1997 (c. 16) (rates of gaming duty) substitute—

Table
Part of gross gaming yieldRate
The first £516,5002.5 per cent.
The next £1,146,50012.5 per cent.
The next £1,146,50020 per cent.
The next £2,007,50030 per cent.
The remainder40 per cent.

(2)This section has effect in relation to accounting periods beginning on or after 1st April 2004.