Paragraph 19 I1

in each place in subsection (1) (and the heading) before “Totalisator Board” insert “ successor company to the ”,

in subsection (1) for ‘object’ substitute ‘objects’, and

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.”