Session 2012 - 13
Internet Publications
Other Bills before Parliament
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| | Page 555, line 1 [Schedule 24], leave out ‘20%’ and insert ‘18%’. |
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| | Page 574, line 8 [Schedule 24], leave out ‘2013’ and insert ‘2014’. |
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| | Page 577, line 16 [Schedule 24], leave out ‘2013’ and insert ‘2014’. |
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| | Page 577, line 20 [Schedule 24], leave out ‘2013’ and insert ‘2014’. |
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| | Page 577, line 22 [Schedule 24], leave out ‘2013’ and insert ‘2014’. |
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| | Page 577, line 33 [Schedule 24], at end insert— |
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| | | ‘68(1) | The introduction of machine games duty is not intended to raise additional |
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| | | revenue, but to replace the existing taxation of gaming machines through |
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| | | amusement machine licence duty and value added tax. |
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| | | (2) | One year after the go-live date the Chancellor of the Exchequer shall review |
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| | | the impact of machine games duty on the leisure industry, and will lay a report |
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| | | of his review in the House of Commons Library by the end of February 2014. |
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| | | (3) | If the review carried out in sub-paragraph (2) above finds that the standard rate |
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| | | of machine games duty generated more revenue than the estimated revenue |
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| | | neutral figure, The Chancellor of the Exchequer shall lay a paper before |
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| | | Parliament setting out how he proposes to reduce the standard rate.’. |
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| | | Bill read the third time on division, and passed. |
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