PART 2Excise duties and other taxes
Gaming duty
121Rates of gaming duty
1
In section 11(2) of FA 1997 (rates of gaming duty) for the table substitute—
TABLE
Part of gross gaming yield
Rate
The first £2,302,000
15 per cent
The next £1,587,000
20 per cent
The next £2,779,000
30 per cent
The next £5,865,500
40 per cent
The remainder
50 per cent
2
The amendment made by this section has effect in relation to accounting periods beginning on or after 1 April 2014.