Introduction Details of the Section
2.Subsection (2) amends section 20A(3) of BGDA 1981 to define the payments that may be taken into account for the purpose of calculating the duty liability from combined bingo.
3.Subsection (3) removes section 20A(4) of BGDA 1981. Section 20A(4) is the qualifying condition that the game is played entirely in the United Kingdom. Removal of subsection 20A(4) will enable bingo promoters in the United Kingdom to offer games in conjunction with promoters outside the United Kingdom without affecting their own bingo duty liability.
4.Subsection (4) provides that these new accounting arrangements will have effect for bingo duty accounting periods that begin on or after the date of Royal Assent to Finance Act 2013.