§ 46. Sir F. MEYERasked the Chancellor of the Exchequer the number of licences and entry certificates in respect of premises issued to bookmakers in connection with the Betting Duty up to the latest date for which figures are available?
§ The FINANCIAL SECRETARY to the TREASURY (Mr. Ronald McNeill)As the hon. Member for Central Southwark was informed on the 18th November, the number of bookmakers' certificates issued up to the 13th November was 9,837. The corresponding number of entry certificates was 6,037.
§ 49. Sir W. de FRECEasked the Chancellor of the Exchequer whether he is making special arrangements to watch the effect of the new Betting Duty proposals on racing and racecourse prosperity with the object of taking the facts into consideration at the start of the next financial year?
§ Mr. McNEILLI can assure my hon. Friend that, as in the case of all new duties, the effect of the Betting Duty is being carefully watched in all its aspects.
§ Sir W. de FRECEIs the Financial Secretary aware that the receipts have greatly fallen since the operation of the tax?
§ Mr. McNEILLIf that be so, it would bear out the statement made by the Chancellor of the Exchequer with regard to the reduction of betting.
§ Colonel DAYIs the Betting Duty bringing in the amount of money which the Treasury expected it would bring in when the tax was put on?
§ Mr. McNEILLI do not think we formed any estimate for a limited number of weeks.