Finance Act 2014 (c. 26)

SCHEDULES

Valid from 01/12/2014

SCHEDULE 28 U.K. Part 3: consequential amendments and repeals

PART 2 U.K. Other amendments and repeals

Customs and Excise Management Act 1979 U.K.

11 (1) Section 1(1) (interpretation) is amended as follows. U.K.

(2) In the definition of “the revenue trade provisions of the customs and excise Acts”, after paragraph (f) insert—

“(g) the provisions of Part 3 of the Finance Act 2014;”.

(3) In the definition of “revenue trader”—

(a) in paragraph (a)(ic), for “gaming within the meaning of the Betting and Gaming Duties Act 1981 (see section 33(1))” substitute “ any activity that constitutes betting or gaming for the purposes of Part 3 of the Finance Act 2014 (see sections 150, 183 and 188) ”,

(b) after paragraph (a)(id) insert—

“(ie) the management or administration of any Chapter 1 stake fund, Chapter 2 stake fund or gaming prize fund within the meaning of Part 3 of the Finance Act 2014 (see sections 134, 143 and 154);”, and

(c) in paragraph (a)(ii) for “or (id)” substitute “ , (id) or (ie) ”.