§
Motion made, and Question,
That, for the purposes of gaming licence duty charged on gaming licences for any period beginning after 31 March 1982, the following Table shall be sustituted for the Table set out in section 14(1) of the Betting and Gaming Duties Act 1981.
TABLE | ||||
Part of gross gaming yield | Rate | |||
The first £500, 000 … | … | … | … | … 5 per cent. |
The next £1, 750, 000 | … | … | … | 12½ per cent. |
The remainder … | … | … | … | … 25 per cent. |
And it is hereby declared that it is expedient in the public interest that this Resolution should have statutory effect under the provisions of the Provisional Collection of Taxes Act 1968.—[Sir Geoffrey Howe.]put forthwith pursuant to Standing Order No. 94 (Ways and Means motions), and agreed to.