SCHEDULES
SCHEDULE 25Amendments connected with Gambling Act 2005
Part 2Amendments of BGDA 1981
Bookmakers: spread bets
4
1
Section 3 (bookmakers: spread bets) is amended as follows.
2
In subsection (1), omit paragraph (b) (together with the “and” before it).
3
For subsection (2) substitute—
2
A bet is a spread bet if it constitutes a contract the making or accepting of which is a regulated activity within the meaning of section 22 of the Financial Services and Markets Act 2000.