Point in time view as at 18/11/2024.
There are currently no known outstanding effects for the Finance Act 2004, Section 16.
(1)For the Table in section 11(2) of the Finance Act 1997 (c. 16) (rates of gaming duty) substitute—
| Part of gross gaming yield | Rate |
|---|---|
| The first £516,500 | 2.5 per cent. |
| The next £1,146,500 | 12.5 per cent. |
| The next £1,146,500 | 20 per cent. |
| The next £2,007,500 | 30 per cent. |
| The remainder | 40 per cent.” |
(2)This section has effect in relation to accounting periods beginning on or after 1st April 2004.
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