§ Mr. Peter DuncanTo ask the Secretary of State for Culture, Media and Sport for what reason bookmakers are required by the Horse Race Betting Levy Board to have their accounts signed by a registered auditor, where their turnover is between £250,000 and £1 million. [80137]
§ Mr. CabornThe Levy Board requires bookmakers to have their annual declaration for 2001/02 signed by a registered auditor where their horserace betting turnover exceeds £275,000. The Board relies upon the auditor's certification as confirmation of its accuracy. The turnover figure of £275,000 equates to approximately £5,300 per week, above which a betting shop business is deemed to be sufficiently substantial to require audit confirmation.
§ Mr. Peter DuncanTo ask the Secretary of State for Culture, Media and Sport how many bookmakers registered with the Horse Race Betting Levy Board have recorded turnovers of(a) less than £250,000, (b) £250,000 to £1 million and (c) above £1 million in 2001–02. [80138]
§ Mr. CabornThe number of bookmakers registered with the Horserace Betting Levy Board falling into the three specified turnover bands in 2001–02 was as follows:
169W
Turnover band Number of bookmarkers (a) Less than £250,000 338 (b) £250,000 to £1,000,000 826 (c) Above £1,000,000 239