Finance Act, 1999

Increase in penalties for betting offences.

118.—(1) The Finance Act, 1926 , is hereby amended—

(a) in section 24, by the substitution in subsection (4) (as substituted by section 69 (1)(a) of the Finance Act, 1982 ) of “£1,500” for “£800”, and

(b) in section 25, by the substitution in subsection (2) (as substituted by section 69 (1)(b) of the Finance Act, 1982 ) of “£1,500” for “£800”.

(2) Section 2 of the Betting Act, 1931 , is hereby amended by the substitution in subsection (2) (as substituted by section 69 (2) of the Finance Act, 1982 ) of “£1,500” for “£800”.

(3) Section 76 of the Finance Act, 1984 , is hereby amended by the substitution in subsection (8)(b) of “£1,500” for “£1,000”.

(4) Section 42 of the Finance Act, 1989 , is hereby amended by the substitution in subsection (3) of “£1,500” for “£1,000”.