New Clause 1 - Hypothecation of tax receipts from Lottery to Olympic Lottery Distribution Fund
Horserace Betting and Olympic Lottery Bill
10:30 am
'Notwithstanding the provisions of the National Lottery etc. Act 1993 the Secretary of State shall by order make regulations enabling the tax otherwise due on the purchase price of tickets for the Olympic Lottery to be paid directly to the Olympic Lottery Distribution Fund.'.—[Mr. Hawkins.]
Brought up, and read the First time.