Finance Act, 1996

Chapter II


Exemption from duty on certain bets.

75.—(1) (a) The duty on bets to which section 24 of the Finance Act, 1926 , relates shall not be charged or levied on bets entered into on or after the commencement of this subsection where such bets—

(i) are entered into—

(I) during a meeting at which a series of greyhound races is held, and

(II) at the place at which such meeting is held,


(ii) are in respect of one or more than one event taking place at a place other than at such meeting.

(b) The provisions of paragraph (a) shall not apply to bets entered into by any means of telecommunications.

(2) Subsection (1) shall come into operation on such day as the Minister for Finance may, by order, appoint.