Part 1Excise duties
Gaming duty
6Rates of gaming duty
1
For the Table in section 11(2) of FA 1997 (rates of gaming duty) substitute—
Table
Part of gross gaming yield
Rate
The first £534,500
2.5 per cent.
The next £1,186,500
12.5 per cent.
The next £1,186,500
20 per cent.
The next £2,078,000
30 per cent.
The remainder
40 per cent.
2
This section has effect in relation to accounting periods beginning on or after 1st April 2005.