Finance Act, 1998

Amendment of section 43 (gaming machine licence duty) of Finance Act, 1975 .

87.—(1) Section 43 of the Finance Act, 1975 , is hereby amended in paragraph (aa) (inserted by section 74 (2) of the Finance Act, 1980 ) of subsection (7) by the substitution of “Fridays, Saturdays, Sundays and holidays” for “Saturdays, Sundays and holidays” in both places where it occurs.

(2) (a) Subsection (1) shall apply with effect from the 1st day of May, 1998, in respect of a gaming machine licence, of the type referred to in section 43 (7)(aa) of the Finance Act, 1975 , granted on or after that date under section 43 (4) of the Finance Act, 1975 .

(b) In respect of a gaming machine licence, of the type referred to in section 43 (7)(aa) of the Finance Act, 1975 , granted before the 1st day of May, 1998, under section 43 (4) of the Finance Act, 1975 , which is a subsisting licence at that date, subsection (1) shall apply with effect from that date for the balance of the period for which such licence remains in force.