http://www.legislation.gov.uk/id/ukpga/2005/19/schedule/11/part/1

SCHEDULES

C1SCHEDULE 11Exempt Lotteries

Annotations:

Modifications etc. (not altering text)

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

Part 1Incidental Non-commercial Lotteries

Deductions from proceeds

I1 I33

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 the cost of the prizes (irrespective of their actual cost).

I2 I44

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).