Regulation 3 Interpretation

Changes not yet applied. Later legislation changes this provision in ways not yet written into the text below:

reg 3 defn(s) am by General Betting Duty 2003 regs 3(a)(i), (ii), 4
reg 3 defn(s) rev in pt by General Betting Duty 2003 regs 3(a)(iii), 4
reg 3 rev in pt by General Betting Duty 2003 regs 3(c)(ii)–(iv), 4
reg 3 am by Pool Betting Duty (Application of General Betting Duty Provisions) 2010 reg 2

In these Regulations—

“accounting period”, subject to regulations 7 to 11 below, has the meaning given in section 5D(1)(a) of the Act;
“the Act” means the Betting and Gaming Duties Act 1981;
“bookmaker” includes—
1. (a)
  
  a person who is a bet-broker (as defined in section 5C(1) of the Act), and
2. (b)
  
  a person who is liable to pay duty by virtue of section 5B(4) of the Act,

and “bookmaking” includes the betting related activities of those persons;

“duty” means general betting duty charged in accordance with sections 2 to 5D of the Act;
“off-course bet” means a bet that is not an on-course bet;
“on-course bookmaker” means a person who intends to carry on or is carrying on bookmaking at a meeting,

and in references to “bets of any class”, on-course bets are not included.