Finance Act, 1926

Bookmaker's licence duty.

22.—There shall be charged, levied, and paid for and upon every licence to act and carry on business as a bookmaker issued under any Act passed or to be passed during the financial year beginning on the 1st day of April, 1926, an excise duty at the following rates, that is to say:—

(a) on a licence expressed to be in force for one year—ten pounds,

(b) on a licence expressed to be in force for any period less than one year—two pounds for every day of such period.