Horserace Betting and Olympic Lottery Act 2004

1. Summary of the Act

2. Background

   1. Horserace betting

   2. Olympic Lotteries

3. Territorial Application

4. Commentary on Sections

   1. Part One: Sale of the Tote

      1. Section 1: Dissolution of the Tote

      2. Section 2: Successor Company: Transfer

      3. Section 3: Section 1 and 2: Supplemental

      4. Section 4: Tax

      5. Section 5: Pre-sale of shares, &c. to government

      6. Section 6: Accounts

      7. Section 7: Shadow directors

      8. Section 8: Excusive licence

      9. Section 9: Section 8: Supplemental

      10. Section 10: Control when no exclusive licence

      11. Section 11: Preparatory work by the Tote

      12. Section 12: Interpretation

   2. Part 2: Abolition of the Horserace Betting Levy System

      1. Section 15: Abolition of levy

      2. Section 16: Property of the Levy Board

      3. Section 17 and Schedule 4: Consequential amendments

      4. Section 18: Tax

   3. Part 3: National Lottery: Olympic Lotteries

      1. Section 21: Licensing of Olympic Lotteries

      2. Section 22: Timing

      3. Section 23: The Fund

      4. Section 24: Payments into Fund from lottery proceeds

      5. Section 25: Payments into Fund from National Lottery Distribution Fund

      6. Section 26: Payments out of fund

      7. Section 27: Investment

      8. Section 28: Winding up

      9. Section 29: The Olympic Lottery Distributor

      10. Section 30: Distribution

      11. Section 31: Distribution Policy

      12. Section 32: Dissolution

      13. Section 33: Interpretation

      14. Section 34: Consequential amendments

      15. Section 35: Changes in Olympic Procedure

      16. Section 36: Regulations and orders

   4. Schedule 1:  New Schedule 1a to the Betting, Gaming and Lotteries Act 1963

      1. Part 1

      2. Part 2

      3. Part 3

   5. Schedule 2: Sale of the Tote: Consequential Amendments

   6. Schedule 3:  Horserace Betting Levy Board: Transfer of Property

   7. Schedule 5:  the Olympic Lottery Distributor

   8. Schedule 6: Repeals

5. Commencemcent

6. Hansard References