# Horserace Betting and Olympic Lottery Act 2004, Paragraph 19


In section 5 of the Horserace Betting Levy Act 1969 (annual contribution by Totalisator Board)—
(a) in each place in subsection (1) (and the heading) before “Totalisator Board” insert “ successor company to the ”,
(b) in subsection (1) for ‘object’ substitute ‘objects’, and
(c) after subsection (1) insert—
“(1A) Subsection (1) does not apply to any contribution which the successor company to the Totalisator Board is liable to make—
(a) in respect of a time when the exclusive licence does not have effect, and
(b) as a bookmaker.”

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Source: https://www.legislation.gov.uk/ukpga/2004/25/schedule/2/paragraph/19 (the official version)
Page: https://openlegislation.uk/horserace-betting-and-olympic-lottery-act-2004/schedule-2/paragraph-19
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.