S.I. No. 181/1980 -- Racecourse (Levy) (Percentage) Regulations, 1980.
S.I. No. 181/1980: RACECOURSE (LEVY) (PERCENTAGE) REGULATIONS, 1980. |
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RACECOURSE (LEVY) (PERCENTAGE) REGULATIONS, 1980. |
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In exercise of the powers conferred by Section 27 of The Racing Board and Racecourses Act, 1945 (No. 16 of 1945) as amended by Section 3 of The Racing Board and Racecourses (Amendment) Act, 1975 (No. 11 of 1975), and the Agriculture (Delegation of Ministerial Functions) (No. 2) Order, 1980 ( S.I. No. 80 of 1980 ), the Racing Board with the consent of Lorcan Allen, Minister of State at the Department of Agriculture, hereby make the following Regulations: |
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1. These Regulations may be cited as the Racecourse (Levy) (Percentage) Regulations, 1980. |
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2. These Regulations shall come into operation on the 30th day of June, 1980. |
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3. The levy payable for the time being on a course bet shall be seven and one-half per cent. of such course bet. |
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4. The Racecourse (Levy) (Percentage) Regulations, 1975 ( S.I. No. 130 of 1975 ), are hereby revoked. |
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GIVEN under the Seal of the Racing Board this Tenth day of June, 1980. |
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PATRICK W. McGRATH, |
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Chairman of the Board. |
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PATRICK WALSH, |
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Secretary of the Board. |
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I hereby consent to the above Regulations. |
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LORCAN ALLEN, |
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Minister of State at the Department of Agriculture. |
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Dated this 12th day of June, 1980. |
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EXPLANATORY NOTE. |
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The effect of the Regulations is that from 30th June, 1980 a levy at the rate of seven and one-half per cent. will be payable to The Racing Board on course bets at authorized racecourses. |
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