SCHEDULES
C1SCHEDULE 11Exempt Lotteries
Annotations:
Modifications etc. (not altering text)
Part 1Incidental Non-commercial Lotteries
Deductions from proceeds
I14
The promoters of an incidental non-commercial lottery may not deduct from the proceeds of the lottery more than the prescribed sum in respect of costs incurred in organising the lottery (irrespective of the amount of the costs incurred).
Sch. 11 applied (with modifications) (1.1.2007) by The Gambling Act 2005 (Commencement No. 6 and Transitional Provisions) Order 2006 (S.I. 2006/3272), art. 1(1), Sch. 4 para. 77