1997 No. 43
The Lotteries (Prizes and Expenses: Variation and Prescription of Percentage Limits) Order 1997
Made
Laid before Parliament
Coming into force
The Secretary of State, in exercise of the powers conferred upon him by sections 11 and 18 of the Lotteries and Amusements Act 19761, hereby makes the following Order:
1
This Order may be cited as the Lotteries (Prizes and Expenses: Variation and Prescription of Percentage Limits) Order 1997 and shall come into force on 10th February 1997.
2
The percentage specified in section 11(11) of the Lotteries and Amusements Act 19762 (which is the maximum percentage of the proceeds of a society’s lottery or a local lottery that may be appropriated for the provision of prizes) shall, instead of 50 per cent, be 55 per cent.
3
The percentage specified in section 11(13)(a) of the Lotteries and Amusements Act 19763 (which is the maximum percentage of the proceeds of a society’s lottery or a local lottery that, in the case of a lottery the proceeds of which do not exceed £20,000, may be appropriated on account of expenses) shall, instead of 30 per cent, be 35 per cent.
4
The second percentage specified in section 11(13)(b) of the Lotteries and Amusements Act 19764 (which is the maximum percentage of the proceeds of a society’s lottery or a local lottery that the Gaming Board may allow, in the case of a lottery the proceeds of which exceed £20,000, to be appropriated on account of expenses) shall, instead of 30 per cent, be 35 per cent.
5
The percentage prescribed for the purposes of section 11(16) of the Lotteries and Amusements Act 19765 (which is the percentage of the proceeds of a society’s lottery or a local lottery that may be appropriated on account of expenses and prizes together), shall be 80 per cent of the whole proceeds of the lottery.
(This note is not part of the Order)