# Horserace Betting and Olympic Lottery Act 2004, Section 24: Payments into Fund from lottery proceeds

Extent: E+W+S+N.I.

(1) Where a sum is required by virtue of section 5(6) of the National Lottery etc. Act 1993 (c. 39) (as substituted by section 34 of this Act) to be paid into the National Lottery Distribution Fund out of proceeds of lotteries in respect of a period, such proportion of that sum as is determined in accordance with section 21(2) or (4) of this Act to be attributable to Olympic Lotteries shall be paid instead into the Olympic Lottery Distribution Fund.
(2) Section 9(3) of that Act (as substituted by section 34 of this Act) shall have effect in relation to the Olympic Lottery Distribution Fund and sums due to be paid into it as it has effect in relation to the National Lottery Distribution Fund and sums due to be paid into it.

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Source: https://www.legislation.gov.uk/ukpga/2004/25/section/24 (the official version)
Page: https://openlegislation.uk/horserace-betting-and-olympic-lottery-act-2004/section-24
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.