Clause 25 - Payments into Fund from National Lottery Distribution Fund
Horserace Betting and Olympic Lottery Bill
3:30 pm
Mr Richard Caborn (Minister of State (Sport and Tourism), Department for Culture, Media & Sport; Sheffield Central, Labour)
There are three factors. The first is the formula, as is set out in the regulatory impact assessment. We would use that formula and there would be equal top-slicing on that. Secondly, we are mindful that there should be consultation and a proper time period for it, and I give assurances here that we will endeavour to make sure that those consultations take place.
Thirdly, regarding the circular nature of the draft of subsection (1), it brings in the affirmative resolution procedure, giving parliamentary control, which is the object of clause 24 (1).