Part 1 E+W+S Interpretation of Key Concepts

Betting E+W+S

10 Spread bets, &c. E+W+S

(1) For the purposes of section 9(1) “bet” does not include a bet the making or accepting of which is a regulated activity within the meaning of section 22 of the Financial Services and Markets Act 2000 (c. 8).

(2) An order under section 22 of that Act which has the effect that a class of bet becomes or ceases to be a regulated activity may, in particular, include transitional provision relating to the application of this Act to that class of bet.

(3) This section is subject to section 38(3).

Commencement Information

I1 S. 10(1)(2) in force at 1.10.2005 by S.I. 2005/2455, art. 2(1), Sch. (with art. 3)

I2 S. 10(3) in force at 1.9.2007 by S.I. 2006/3272, art. 2(4)(5), Sch. 3B (with arts. 7-11, 7-12, Sch. 4) (as inserted by S.I. 2007/2169, arts. 3, 6, Sch.)