Finance Act, 1980

Amendment First Schedule to Value-Added Tax Act, 1972.

82.—With effect as on and from the 1st day of July, 1980, the First Schedule to the Value-Added Tax Act, 1972 (inserted by the Value-Added Tax (Amendment) Act, 1978 ) is hereby amended by the substitution of the following paragraph for paragraph (xv):

“(xv) the acceptance of bets subject to the duty of excise imposed by section 24 of the Finance Act, 1926 , and of bets where the event which is the subject of the bet is either a horse race or a greyhound race and the bet is entered into during the meeting at which such race takes place and at the place at which such meeting is held;”.