The Tote

Culture Media and Sport written statement – made at on 27 March 2012.

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Photo of John Penrose John Penrose Parliamentary Under-Secretary (Department for Culture, Media and Sport)

In my written statement to the House on 14 July 2011, Hansard, column 38WS, I announced the completion of sale of the Tote and stated that Government would enter into discussions with the racing industry to design a scheme to distribute their share of the proceeds which would be compliant with EU state aid Laws. I am pleased today to announce the completion of this piece of work.

The conclusion of this process has been the creation of a new racing charity, The Racing Foundation and a grant scheme which will be administered by the British Horseracing Authority. Racing’s share of the proceeds will be distributed between the grant scheme and the Racing Foundation on an annual basis with the split decided by racing in agreement with Government. The first instalment of the proceeds was made on 14 March 2012 with The Racing Foundation receiving £10 million.

I would like to extend my thanks to those representatives of the racing industry who have contributed to the process for their part in establishing what I hope will be a lasting legacy for British racing.

laws

Laws are the rules by which a country is governed. Britain has a long history of law making and the laws of this country can be divided into three types:- 1) Statute Laws are the laws that have been made by Parliament. 2) Case Law is law that has been established from cases tried in the courts - the laws arise from test cases. The result of the test case creates a precedent on which future cases are judged. 3) Common Law is a part of English Law, which has not come from Parliament. It consists of rules of law which have developed from customs or judgements made in courts over hundreds of years. For example until 1861 Parliament had never passed a law saying that murder was an offence. From the earliest times courts had judged that murder was a crime so there was no need to make a law.