Section 6 Gaming licence duty.

(1)

In section 14 of the M1Betting and Gaming Duties Act 1981 (rate of gaming licence duty), for the Table set out in subsection (1) there shall be substituted the following Table—

“
Table
Part of gross gaming yield Rate
The first £375,000 2½ per cent.
The next £1,875,000 12½ per cent.
The next £2,250,000 25 per cent.
The remainder 33&frac13; per cent.
”

Part of gross gaming yield	Rate
The first £375,000	2½ per cent.
The next £1,875,000	12½ per cent.
The next £2,250,000	25 per cent.
The remainder	33&frac13; per cent.

(2)

This section shall have effect in relation to gaming licences for any period beginning after 31st March 1984.

Annotations

Marginal citations

M1: 1981 c. 63.