The Horserace Betting and Olympic Lottery Act 2004 (Commencement No.4) Order 2011
This Order brings into force certain provisions of Part 1 of the Horserace Betting and Olympic Lottery Act 2004 (Sale of the Tote) on 25th February 2011. Sections 1 to 4 of that Act provide for the dissolution of the Horserace Totalisator Board (the Tote) and the transfer of its property, rights and liabilities to the successor company. Sections 5 to 7 deal with the operation of the successor company. Section 8 and subsections (1), (4), (6) and (7) of section 9 give the Gambling Commission (as the Gaming Board’s successor) power, if the Secretary of State so requires, to issue the successor company with an exclusive licence to carry on pool betting in connection with certain horse races. Section 12 concerns the interpretation of Part 1 of the Act. This Order commences these sections to enable the sale of the Tote’s businesses.