Horse and Greyhound Racing (Betting Charges and Levies) Act, 1999

Zero rate of levy on bookmakers on course bets.

3.—(1) Section 54(1) of the Act of 1994 is hereby amended by the substitution for paragraph (a) of the following paragraph:

“(a) An authorised bookmaker who enters into a bet at an authorised racecourse, on an event taking place there or elsewhere, other than by means of telecommunications from outside the racecourse, shall pay to the Authority a levy on such bet.”.

(2) Section 54(1)(b)(i) of the Act of 1994 is hereby amended by the substitution for “5 per cent. or such other percentage” of “, zero per cent. or such other percentage of not more than 5 per cent.”.