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Session 2003 - 04
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Horserace Betting and Olympic Lottery Bill


 

Horserace Betting and Olympic Lottery Bill

 
 

EXPLANATORY NOTES

Explanatory notes to the Bill, prepared by the Department for Culture, Media and

Sport, are published separately as EN—8.

EUROPEAN CONVENTION ON HUMAN RIGHTS

Secretary Tessa Jowell has made the following statement under section 19(1)(a) of the

Human Rights Act 1998:

In my view the provisions of the Horserace Betting and Olympic Lottery Bill are

compatible with the Convention rights.

 
Bill 853/3
 
 

 

Horserace Betting and Olympic Lottery Bill

 

 
 

Contents

Part 1

Sale of the Tote

Dissolution, and transfer of assets

1   

Dissolution of the Tote

2   

Successor company: transfer

3   

Sections 1 and 2: supplemental

4   

Tax

Operation of successor company

5   

Pre-sale issue of shares, &c. to government

6   

Accounts

7   

Shadow directors

Post-transfer control of horserace pool betting

8   

Exclusive licence

9   

Section 8: supplemental

10   

Control when no exclusive licence

General

11   

Preparatory work by the Tote

12   

Interpretation

13   

Consequential amendments

14   

Extent

Part 2

Abolition of the Horserace Betting Levy System

15   

Abolition of levy

16   

Property of the Levy Board

17   

Consequential amendments

18   

Tax

 
Bill 853/3
 
 

Horserace Betting and Olympic Lottery Bill

iv

 

19   

Interpretation: “enactment”

20   

Extent

Part 3

National Lottery: Olympic Lotteries

Olympic Lotteries

21   

Licensing of Olympic Lotteries

22   

Timing

Olympic Lottery Distribution Fund

23   

The Fund

24   

Payments into Fund from lottery proceeds

25   

Payments into Fund from National Lottery Distribution Fund

26   

Payments out of Fund

27   

Investment

28   

Winding up

Olympic Lottery Distributor

29   

The Olympic Lottery Distributor

30   

Distribution

31   

Distribution policy

32   

Dissolution

Miscellaneous

33   

Interpretation

34   

Consequential amendments, &c.

35   

Changes in Olympic procedure

36   

Regulations and orders

37   

Extent

Part 4

General

38   

Repeals

39   

Money

40   

Commencement

41   

Extent

42   

Short title

Schedule 1   —   

New Schedule 1A to the Betting, Gaming and Lotteries Act

1963

Part 1   —   

Introduction

Part 2   —   

Conditions

Part 3   —   

Supervision

 
 

Horserace Betting and Olympic Lottery Bill

v

 

Schedule 2   —   

Sale of the Tote: Consequential Amendments

Schedule 3   —   

Horserace Betting Levy Board: Transfer of Property

Schedule 4   —   

Abolition of the Horserace Betting Levy System:

Consequential Amendments

Schedule 5   —   

The Olympic Lottery Distributor

Part 1   —   

Constitution

Part 2   —   

Proceedings

Part 3   —   

Money

Schedule 6   —   

Repeals

 
 

 
contents continue
 
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Revised 3 December 2003