Schedule 2 - Sale of the Tote: consequential amendments
Horserace Betting and Olympic Lottery Bill
4:15 pm

Photo of Mr Richard Caborn

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

It seems that the hon. Member for South-East Cambridgeshire and I are both reading from brief this afternoon. The amendment would allow the Tote's successor to pay a general betting duty on its full betting operation rather than pool betting duty. As the hon. Gentleman knows, taxation is a matter for my colleagues in the Treasury, who will of course consider the issue as part of the Budget and Finance Bill process. Naturally, if proposals to that effect are brought forward in a future Finance Bill, the House will have the chance to debate them then. On that basis, I hope that the hon. Gentleman will withdraw the amendment.

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