Explanatory note
(This note is not part of the Order)
Lotteries which conform with certain monetary limits specified in the Lotteries and Amusements Act 1976 as those limits applied on 1st May 1985 are exempt from pool betting duty. From 1st September 1989 the limits relating to the maximum price of a ticket or chance and to the maximum prizes and maximum value of tickets will be increased under the Lotteries (Variation of Monetary Limits) Order 1989 (S.I. 1989/1218) as follows:–
| Previous Limit | New Limit | |
|---|---|---|
| Maximum price of a ticket or chance in a society’s lottery or local lottery | 50p | £1 |
| Maximum prizes in | ||
| short-term lotteries | £3,000 | £6,000 |
| medium-term lotteries | £4,500 | £9,000 |
| any other lotteries | £6,000 | £12,000 |
| Maximum total value tickets in | ||
| short-term lotteries | £30,000 | £45,000 |
| medium-term lotteries | £60,000 | £90,000 |
| any other lotteries | £120,000 | £180,000 |
The present Order makes corresponding changes for duty purposes so that lotteries which conform with the revised limits under the Lotteries and Amusements Act 1976 will continue to enjoy exemption from pool betting duty.
This Order replaces the Pool Betting Duty (Exemptions) Order 1985 (S.I. 1985/515).