Clause 12 - Interpretation

Horserace Betting and Olympic Lottery Bill

Public Bill Committees, 20 January 2004, 4:00 pm

Question proposed, That the clause stand part of the Bill.

Photo of Mr Richard Caborn

Mr Richard Caborn (Minister of State (Sport and Tourism), Department for Culture, Media & Sport; Sheffield Central, Labour)

The clause deals with the interpretation of terms and expression used in this part of the Bill. It clarifies what is meant by Crown ownership of shares and provides a definition of securities modeled on the Companies Act. It also provides for terms that are defined in the Gaming Act 1968, Companies Act 1985 and the Betting, Gaming and Lotteries Act 1963 to have the same meaning in the Bill.

Question put and agreed to.

Clause 12 ordered to stand part of the Bill.