MISCELLANEOUS TRANSFERRED EXCISE DUTIES ACT (NORTHERN IRELAND) 1972 - SECT 20 Pool betting duty to be charged on certain bets at fixed odds.

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MISCELLANEOUS TRANSFERRED EXCISE DUTIES ACT (NORTHERN IRELAND) 1972 - SECT 20

Pool betting duty to be charged on certain bets at fixed odds.

20.(1) In sections 18 and 19 and in Schedule 1

"bet" includes any transaction entered into by any person which is not a bet
made by way of pool betting by reason only of the fact that that person does
not pay any stake;

"stake money" includes any sum paid, or agreed to be paid, for the purpose of
entitling a person

(a)to make a bet by way of pool betting; or

(b)to take part in any transaction which, for the purposes of the pool betting
duty, is included in the meaning assigned to "bet" by this subsection;

"starting prices", in relation to any event, means the odds ruling at the
scene of the event immediately before the start;

"totalisator odds", in relation to any event, means the odds paid on bets made
by means of a totalisator at the scene of the event;

"winnings" includes winnings of any kind, pecuniary or otherwise.

(2) Where

(a)any payment is, by virtue of the meaning assigned to "stake money" by
subsection (1), included in the stake money paid on any bet made by way of
pool betting; and

(b)the Ministry is satisfied that such payment was made as a donation for
charitable purposes in Northern Ireland from the person entitled to make the
bet and has been applied exclusively for those purposes;

(3) Save as otherwise provided by section 21(4) of the Betting and Lotteries
Act, sections 18 and 19 and Schedule 1 shall apply in relation to all bets,
wherever made, where the person to whom the person making the bet looks for
payment of his winnings, if any, is in Northern Ireland, but shall not apply
in relation to any other bets.

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Northern Irish Legislation

MISCELLANEOUS TRANSFERRED EXCISE DUTIES ACT (NORTHERN IRELAND) 1972 - SECT 20