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Statutory Instruments

2014 No. 1510

Betting, Gaming And Lotteries

The Olympic Lotteries (Payments out of the Olympic Lottery Distribution Fund) Regulations 2014

Made

5th June 2014

Laid before Parliament

10th June 2014

Coming into force

22nd July 2014

The Secretary of State, in exercise of the powers conferred by sections 26(2)(c) and (4)(a) and 36(2)(a) of the Horserace Betting and Olympic Lottery Act 2004( 1 ), makes the following Regulations:

Citation, commencement and interpretation

1. These Regulations may be cited as the Olympic Lotteries (Payments out of the Olympic Lottery Distribution Fund) Regulations 2014 and shall come into force on 22nd July 2014.

Payment into the National Lottery Distribution Fund

2. —(1) The Secretary of State may make a payment of £79,000,000 from the Olympic Lottery Distribution Fund into the National Lottery Distribution Fund on or after 22nd July 2014.

(2) Any payment made under paragraph (1) is to be treated as having been paid into the National Lottery Distribution Fund by virtue of section 5(6)( 2 ) of the National Lottery etc. Act 1993( 3 ) (general payments into fund).

Sajid Javid

Secretary of State for Culture, Media and Sport

Department for Culture, Media and Sport

5th June 2014

( 1 )

2004 c. 25 . Sections 26(2) and 26(4) were amended by S.I. 2007/2129 and S.I. 2010/1551 . Section 26(4)(a) is to be amended by Schedule 1 of the National Lottery Act 2006 (c. 23) , but an order under section 6(1) of that Act bringing Schedule 1 into force has not yet been made.

( 2 )

Section 5(6) of the 1993 Act was amended by section 34(1) and (3) of the 2004 Act. Section 5 is to be replaced under amendments made by Schedule 1 of the National Lottery Act 2006, but an order under section 6(1) of that Act bringing Schedule 1 into effect has not yet been made.

( 3 )

1993 c. 39 .

Status: This is the original version (as it was originally made). This item of legislation is currently only available in its original format.
The Olympic Lotteries (Payments out of the Olympic Lottery Distribution Fund) Regulations 2014 (2014/1510)

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