Citation and commencement

1. These Regulations may be cited as the General Betting Duty (Amendment) Regulations 2003 and come into force on 1st November 2003.

Interpretation

2. In these Regulations “the Principal Regulations” means the General Betting Duty Regulations 2001( 2 ).

Amendments to the Principal Regulations

3. Amend the Principal Regulations as follows—

(a) in regulation 3—

(i) in the definition of an “accounting period”, for “regulations 7 to 11” substitute “regulations 8, 10 and 11”,

(ii) in the definition of an “on-course bookmaker”, before “meeting” insert “horse or dog race”, and

(iii) omit the words after the definition of an “on-course bookmaker”;

(b) omit regulations 7 and 9;

(c) in regulation 10—

(i) in paragraph (1), before “bookmaker” insert “qualifying” and omit “in respect of qualifying bets”,

(ii) in paragraph (3)(b) and (c) omit “or regulation 6 of the General Betting Duty Regulations 1987”,

(iii) omit paragraph (5),

(iv) in paragraph (6) omit “of any class”;

(d) in regulation 11—

(i) in paragraph (1), omit “9 or”,

(ii) in paragraph (2), omit “of any class” and “in respect of bets other than financial spread bets”, and

(iii) in paragraph (3)(a), for “regulations 9(3)(c) and” substitute “regulation”.

Transitional provisions for non-standard accounting periods

4. —(1) This regulation applies to a bookmaker who, before these Regulations came into force—

(a) gave notice in accordance with regulation 9 of the Principal Regulations, or

(b) gave notice in accordance with regulation 10 of the Principal Regulations and was not, at the time that he gave that notice, a qualifying bookmaker (as defined in paragraph (6) of that regulation),

that his accounting periods would be periods of three consecutive months.

(2) The amendments made by these Regulations do not affect accounting periods that end on or before 31 December 2003.

(3) An accounting period that is due to end on 31 January 2004 or 29 February 2004 ends on 31 December 2003.

(4) A notice given in accordance with regulation 9 or 10 of the Principal Regulations has no effect after 31 December 2003.