Betting and Sweepstakes Duties Act |
Betting and Sweepstakes Duties (Sports Betting Duty — Variation of Rate) Order |
O 2 |
G.N. No. S 292/2001 |
REVISED EDITION 2003 |
(31st January 2003) |
[1st June 2001] |
Citation |
1. This Order may be cited as the Betting and Sweepstakes Duties (Sports Betting Duty — Variation of Rate) Order. |
Variation of sports betting duty |
2. For the purposes of section 4(2) of the Act, the Minister hereby prescribes the rate of duty to be 25% of the gross betting profit of the exempt organisation in respect of any betting at fixed odds it promotes in connection with any particular football game or sporting event. |