18(1)Section 11 (rate of gaming duty) is amended as follows.U.K.
(2)In paragraph (b) of subsection (10), for “the value, in money or money's worth, of the winnings paid” substitute “ the value of the prizes provided ”.
(3)After that subsection insert—
“(10A)Subsections (2) to (6)(a) of section 20 of the Betting and Gaming Duties Act 1981 (expenditure on bingo winnings: valuation of prizes) apply, with any necessary modifications, for the purposes of gaming duty as they apply for the purposes of bingo duty.”
(4)In subsection (11), for “(10)” substitute “ (10A) ”.
Commencement Information
I1Sch. 25 para. 18 in force at 1.9.2007 by S.I. 2007/2532, art. 2