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Legislation
Finance Act 2014

CHAPTER 2 Pool betting duty

  • Section 143 Chapter 2 pool bets
  • Section 144 Pool betting duty charge on Chapter 2 pool bets
  • Section 145 Profits on pooled stake Chapter 2 pool bets
  • Section 146 Profits on ordinary Chapter 2 pool bets
  • Section 147 Profits on retained winnings on Chapter 2 pool bets
  • Section 148 Chapter 2: stake money
  • Section 149 Chapter 2: winnings
  • Section 150 Payments treated as bets
  • Section 151 Payment and recovery
  • Section 152 Notification of reliance on community benefit exemption
  • Section 153 Bets made for community benefit
  1. Chapter 2 · Pool betting duty
  2. Bets made for community benefit

Section 153 | Bets made for community benefit

From legislation.gov.uk

(1)For the purposes of this Part (but subject to any direction under subsection (3)), a bet is made “for community benefit” if—

(a)the promoter of the betting concerned is a community society or is bound to pay all benefits accruing from the betting to such a society, and

(b)the person making the bet knows, when making it, that the purpose of the betting is to benefit such a society.

(2)In the case of a bet made by means of a totalisator, the reference in subsection (1) to the promoter of the betting concerned is a reference to the operator.

(3)The Commissioners may direct that any bet specified by the direction, or of a description so specified, is not a bet made for community benefit.

(4)The power conferred by subsection (3) may not be exercised unless the Commissioners consider that an unreasonably large part of the amounts paid in respect of the bets concerned will, or may, be applied otherwise than—

(a)in the payment of winnings, or

(b)for the benefit of a community society.

(5)In this section “community society” means—

(a)a society established and conducted for charitable purposes only, or

(b)a society established and conducted wholly or mainly for the support of athletic sports or athletic games and not established or conducted for purposes of private or commercial gain.

(6)In this section “society” includes any club, institution, organisation or association of persons, by whatever name called.

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