Regulation 2 Limits for incidental non-commercial lotteries
(1)
This regulation prescribes for the purposes of paragraphs 3 and 4 of Schedule 11 to the Act the maximum sums that promoters of an incidental non-commercial 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 the costs incurred in organising the lottery the promoters may deduct no more than £100.