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Regulation 2 Limits for incidental lotteries

Original text. Later amendments are not shown.

(1)

This regulation prescribes for the purposes of paragraphs 3 and 4 of Schedule 11 to the Act the maximum sums that the promoters of an incidental lottery may deduct from the proceeds of the lottery.

(2)

In respect of the cost of the prizes awarded in the lottery, the promoters may deduct no more than £500.

(3)

In respect of costs incurred in organising the lottery, the promoters may deduct no more than £100.