Source: http://www.agreementdesk.co.uk/acts/finance-act-2003.php
Timestamp: 2017-11-23 23:54:48
Document Index: 333796265

Matched Legal Cases: ['art 1', 'art 2', 'art 3', 'art 1', 'art 2', 'art 1', 'art 2', 'art 3', 'art 4', 'art 5', 'art 6', 'art 7', 'art 3', 'art 2', 'art 1', 'art 2', 'art 3', 'art 4', 'arts 1', 'art 5', 'art 6', 'art 7', 'art 8', 'art 2', 'art 3', 'art 1', 'art 2', 'art 2', 'art 3', 'art 4', 'art 6', 'art 1', 'art 2', 'art 1', 'art 2', 'art 1', 'art 3', 'art 2', 'art 4', 'art 5', 'arts 3', 'art 6', 'art 1', 'art 2', 'art 3', 'art 4', 'art 2', 'art 3', 'art 1', 'art 1', 'art 1', 'art 2']

Finance Act 2003 List of acts
4. Rates of hydrocarbon oil duties
5. Rebates on hydrocarbon oil duties
6. General betting duty and pool betting duty: relief for losses
7. General betting duty: betting exchanges
8. General betting duty: restriction of exemption for on-course bets
11. Amusement machines: use of currencies other than sterling
12. Responsibility for unlicensed amusement machines
13. Rates of gaming duty
14. Vehicle excise duty: rates
15. Disclosure for exemptions: Northern Ireland
16. Duty at higher rate: exception for tractive units
17. Requirement of evidence or security
18. Joint and several liability for unpaid VAT of another trader
19. Face-value vouchers
20. Supplies arising from prior grant of fee simple
21. Business gifts
22. Non-business use of business property
23. Supply of electronic services in member States: special accounting scheme
Taxes and duties on importation and exportation: penalties
24. Introductory
25. Penalty for evasion
26. Penalty for contravention of relevant rule
27. Exceptions from section 26
28. Liability of directors etc where body corporate liable to penalty for evasion
29. Reduction of penalty under section 25 or 26
30. Demands for penalties
31. Time limits for demands for penalties
32. No prosecution after demand notice for penalty under section 26
33. Right to review of certain decisions
34. Time limit and right to further review
35. Powers of Commissioners on a review
36. Appeals to a tribunal
37. Appeal tribunals
38. Admissibility of certain statements and documents
40. Penalties not to be deducted for income tax or corporation tax purposes
42. The tax
43. Land transactions
44. Contract and conveyance
45. Contract and conveyance: effect of transfer of rights
46. Options and rights of pre-emption
47. Exchanges
48. Chargeable interests
49. Chargeable transactions
50. Chargeable consideration
51. Contingent, uncertain or unascertained consideration
52. Annuities etc: chargeable consideration limited to twelve years' payments
53. Deemed market value where transaction involves connected company
54. Exceptions from deemed market value rule
55. Amount of tax chargeable: general
56. Amount of tax chargeable: rent
57. Disadvantaged areas relief
58. Relief for certain exchanges of residential property
59. Relocation relief
60. Compulsory purchase facilitating development
61. Compliance with planning obligations
62. Group relief and reconstruction or acquisition relief
63. Demutualisation of insurance company
64. Demutualisation of building society
65. Incorporation of limited liability partnership
66. Transfers involving public bodies
67. Transfer in consequence of reorganisation of parliamentary constituencies
68. Charities relief
69. Acquisition by bodies established for national purposes
70. Right to buy transactions, shared ownership leases etc
71. Certain acquisitions by registered social landlord
72. Alternative property finance: land sold to financial institution and leased to individual
73. Alternative property finance: land sold to financial institution and re-sold to individual
74. Collective enfranchisement by leaseholders
75. Crofting community right to buy
76. Duty to deliver land transaction return
77. Notifiable transactions
78. Returns, enquiries, assessments and related matters
79. Registration of land transactions etc
80. Adjustment where contingency ceases or consideration is ascertained
81. Further return where relief withdrawn
82. Loss or destruction of, or damage to, return etc
83. Formal requirements as to assessments, penalty determinations etc
84. Delivery and service of documents
85. Liability for tax
86. Payment of tax
87. Interest on unpaid tax
88. Interest on penalties
89. Interest on repayment of tax overpaid etc
90. Application to defer payment in case of contingent or uncertain consideration
91. Collection and recovery of tax etc
92. Payment by cheque
93. Information powers
94. Power to inspect premises
95. Offence of fraudulent evasion of tax
96. Penalty for assisting in preparation of incorrect return etc
97. Power to allow further time and reasonable excuse for failure
98. Admissibility of evidence not affected by offer of settlement etc
99. General provisions about penalties
100. Companies
101. Unit trust schemes
102. Open-ended investment companies
103. Joint purchasers
104. Partnerships
105. Trustees
106. Persons acting in a representative capacity etc
107. Crown application
108. Linked transactions
109. General power to vary this Part by regulations
110. Approval of regulations under general power
111. Claim for repayment if regulations under general power not approved
112. Power to amend certain provisions before implementation
113. Functions conferred on “the Inland Revenue”
114. Orders and regulations made by the Treasury or the Inland Revenue
115. General and Special Commissioners, appeals and other proceedings
116. Meaning of “residential property”
117. Meaning of “major interest” in land
118. Meaning of “market value”
119. Meaning of “effective date” of a transaction
120. Meaning of “lease” and other supplementary provisions
121. Minor definitions
122. Index of defined expressions
123. Consequential amendments
124. Commencement and transitional provisions
125. Abolition of stamp duty except on instruments relating to stock or marketable securities
126. Circumstances in which group relief withdrawn
127. Circumstances in which relief for company acquisitions withdrawn
128. Exemption of certain leases granted by registered social landlords
129. Relief for certain leases granted before section 128 has effect
130. Registered social landlords: treatment of certain leases granted between 1st January 1990 and 27 March 2000
Income tax and corporation tax: charge and rate bands
131. Charge and rates for 2003-04
132. Indexed rate bands for 2003-04: PAYE deductions etc
133. Charge and main rate for financial year 2004
134. Small companies' rate and fraction for financial year 2003
135. Corporation tax starting rate and fraction for financial year 2003
Income tax, corporation tax and capital gains tax: general
136. Provision of services through intermediary
137. Exemption where homeworker’s additional expenses met by employer
138. Taxable benefits: lower threshold for cars with a CO2 emissions figure
139. Approved share plans and schemes
140. Employee securities and options
141. Corporation tax relief for employee share acquisitions
142. Ending of relief for contributions to QUESTS
143. Restriction of deductions for employee benefit contributions
144. PAYE on notional payments: reimbursement period
145. PAYE: regulations and notional payments
146. Payroll giving: extension of 10% supplement to 5th April 2004
147. Sub-contractor deductions etc: interest on late payment or repayment
148. Meaning of “permanent establishment”
149. Non-resident companies: basis of charge to corporation tax
150. Non-resident companies: assessment, collection and recovery of corporation tax
151. Non-resident companies: extent of charge to income tax
152. Non-resident companies: transactions carried out through broker, investment manager or Lloyd’s agent
153. General replacement of references to branch or agency of company
154. Double taxation relief: profits attributable to overseas permanent establishment
156. Overseas life insurance companies
157. Life insurance policies and deferred annuity contracts
158. Application of market value rule in case of exercise of option
159. Reporting limits and annual exempt amount
160. Taper relief: assets qualifying as business assets
161. Earn-out rights to be treated as securities unless contrary election
162. Deferred unascertainable consideration: election for treatment of loss
163. Transfers of value: attribution of gains to beneficiaries
164. Avoidance affecting proceeds of balancing event
165. Extension of first-year allowances for ICT expenditure by small enterprises
166. Expenditure on software for sub-licensing
167. First-year allowances for expenditure on environmentally beneficial plant or machinery
168. Relief for research and development
169. Tonnage tax: extension of capital allowance restrictions on lessors of ships
170. Insurance companies
171. Policies of life insurance etc: miscellaneous amendments
172. Charges under life insurance policies for exceptional risk of disability
173. Gains on policies of life insurance etc: rate of tax
174. Personal pension arrangements: limit on contributions
175. Payments to adopters
176. Foster carers
177. Currency contracts and currency options
178. Loan relationships: amendments
179. Derivative contracts: transactions within groups
180. Contributions to urban regeneration companies
181. Repos etc
182. Relevant discounted securities: withdrawal of relief for costs and losses, etc
183. Court common investment funds
184. Intangible fixed assets: tax avoidance arrangements and related parties
185. Gifts with reservation
186. Authorised unit trusts, OEICs and common investment funds
187. Rate of landfill tax
188. Exemption for fuel used in recycling processes
189. CHP exemption to be based on current efficiency
190. Supplies not known to be taxable when made, etc
191. Deemed supplies
192. Amendments about registration, payment etc
193. Electricity from renewable sources etc
194. Higher rate of tax: divided companies
195. Companies acquiring their own shares
196. Companies in administration
197. Exchange of information between tax authorities of member States
198. Arrangements for mutual exchange of tax information
199. Savings income: Community obligations and international arrangements
200. Controlled foreign companies: exempt activities
201. Application of CFC provisions to Hong Kong and Macao companies
202. Deduction of tax from interest: recognised clearing houses etc
203. Authorised unit trusts: interest distributions paid gross
204. Mandatory electronic payment by large employers
205. Use of electronic means of payment under other provisions
206. Admissibility of evidence not affected by offer of settlement etc
207. Consequential claims etc
208. Ordinary accounts and investment accounts
209. Abolition of accounting requirements relating to investment deposits
210. Payments for service of national debt
211. Definition of liabilities and assets of National Loans Fund
212. Accounts of Consolidated Fund and National Loans Fund
213. Debt Management Account: abolition of borrowing cap
214. Payments in error from or to National Loans Fund
215. Interpretation
216. Repeals
217. Short title
Schedule 1: VAT: face-value vouchers
Schedule 2: Supply of electronic services in member States: VAT special accounting scheme
Schedule 3: Stamp duty land tax: transactions exempt from charge
Schedule 4: Stamp duty land tax: chargeable consideration
Schedule 5: Stamp duty land tax: amount of tax chargeable: rent
Schedule 6: Stamp duty land tax: disadvantaged areas relief
Part 1: Disadvantaged areas
Part 2: Land wholly situated in a disadvantaged area
Part 3: Land partly situated in a disadvantaged area
Schedule 7: Stamp duty land tax: group relief and reconstruction and acquisition reliefs
Part 1: Group relief
Part 2: Reconstruction and acquisition reliefs
Schedule 8: Stamp duty land tax: charities relief
Schedule 9: Stamp duty land tax: right to buy, shared ownership leases etc
Schedule 10: Stamp duty land tax: returns, enquiries, assessments and appeals
Part 1: Land transaction returns
Part 2: Duty to keep and preserve records
Part 3: Enquiry into return
Part 4: Revenue determination if no return delivered
Part 5: Revenue assessments
Part 6: Relief in case of excessive assessment
Part 7: Appeals against Revenue decisions on tax
Schedule 11: Stamp duty land tax: self-certificates
Part 3: Enquiry into self-certificate
Schedule 12: Stamp duty land tax: collection and recovery of tax
Part 2: Court proceedings
Schedule 13: Stamp duty land tax: information powers
Part 1: Power of authorised officer to call for documents or information from taxpayer
Part 2: Power of authorised officer to call for documents from third party
Part 3: Power to call for papers of tax accountant
Part 4: Restrictions on powers under Parts 1 to 3
Part 5: Powers of board to call for documents or information
Part 6: Order of judicial authority for the delivery of documents
Part 7: Entry with warrant to obtain evidence of offence
Part 8: Falsification etc of documents
Schedule 14: Stamp duty land tax: determination of penalties and related appeals
Schedule 15: Stamp duty land tax: partnerships
Part 2: Ordinary partnership transactions
Part 3: Transactions excluded from stamp duty land tax
Schedule 16: Stamp duty land tax: trusts and powers
Schedule 17: Stamp duty land tax: General and Special Commissioners, appeals and other proceedings
Schedule 18: Stamp duty land tax: consequential amendments
Schedule 19: Stamp duty land tax: commencement and transitional provisions
Schedule 20: Stamp duty: restriction to instruments relating to stock or marketable securities
Part 1: Supplementary provisions
Part 2: Consequential amendments and repeals
Schedule 21: Approved share plans and schemes
Schedule 22: Employee securities and options
Schedule 23: Corporation tax relief for employee share acquisition
Part 2: Award of shares
Part 3: Grant of option
Part 4: Provisions applying in case of shares subject to forfeiture
Part 6: Commencement and transitional provisions
Schedule 24: Restriction of deductions for employee benefit contributions
Schedule 25: Determination of profits attributable to permanent establishment: supplementary provisions
Schedule 26: Non-resident companies: transactions through broker, investment manager or Lloyd’s agent
Schedule 27: Permanent establishment etc: consequential amendments
Schedule 28: Capital gains tax: reporting limits and annual exempt amount
Part 1: Reporting limits
Part 2: Annual exempt amount
Schedule 29: Transfers of value: attribution of gains to beneficiaries
Schedule 30: First-year allowances for expenditure on environmentally beneficial plant or machinery
Schedule 31: Tax relief for expenditure on research and development
Part 1: Small and medium-sized enterprises: Schedule 20 to Finance Act 2000
Part 2: Large companies: Part 1 of Schedule 12 to Finance Act 2002
Part 3: Work sub-contracted to SMEs: Part 2 of Schedule 12 to Finance Act 2002
Part 4: Entitlement of SME to certain relief available to large companies
Part 5: Supplementary: amendments to Parts 3 to 6 of Schedule 12 to Finance Act 2002
Part 6: Expenditure on vaccine research etc: Schedule 13 to Finance Act 2002
Schedule 32: Tonnage tax: restrictions on capital allowances for lessors of ships
Schedule 33: Insurance companies
Schedule 34: Policies of life insurance etc: miscellaneous amendments
Part 1: Group life policies
Part 2: Charitable and non-charitable trusts
Part 3: Meaning of “life annuity”
Part 4: Rollover of gain on maturity into new policy
Schedule 35: Gains on policies of life insurance etc: rate of tax
Schedule 36: Foster carers
Part 2: The exemption and the alternative methods of calculation
Part 3: Capital allowances
Schedule 37: Loan relationships: amendments
Part 1: Amendments to Schedule 9 to the Finance Act 1996
Schedule 38: Sale and repurchase of securities etc
Schedule 39: Relevant discounted securities: withdrawal of relief for costs and losses, etc
Schedule 40: Acquisition by company of its own shares
Schedule 41: Companies in administration
Schedule 42: Controlled foreign companies: exempt activities
Schedule 43: Repeals
(2) This section shall be deemed to have come into force at 6 o'clock in the evening of 9th April 2003.
(1) In section 36(1AA)(a) of the Alcoholic Liquor Duties Act 1979 (c. 4) (rate of duty on beer), for “£11.89” substitute “£12.22”.
(2) This section shall be deemed to have come into force at midnight on 13th April 2003.
211.58”
4 Rates of hydrocarbon oil duties
(1) In section 6(1A) of the Hydrocarbon Oil Duties Act 1979 (c. 5) (rates of duty)—
(a) in paragraph (a) (ultra low sulphur petrol) for “£0.4582” substitute “£0.4710”,
(b) in paragraph (b) (other light oil) for “£0.5468” substitute “£0.5620”,
(c) in paragraph (c) (ultra low sulphur diesel) for “£0.4582” substitute “£0.4710”, and
(d) in paragraph (d) (other heavy oil) for “£0.5182” substitute “£0.5327”.
(2) In section 6AA(3) of that Act (biodiesel duty) for “£0.2582” substitute “£0.2710”.
(3) In section 13A(1) of that Act (rebate on unleaded petrol) for “£0.0586” substitute “£0.0601”.
(4) This section shall come into force on 1st October 2003.
5 Rebates on hydrocarbon oil duties
(1) In section 11(1) of the Hydrocarbon Oil Duties Act 1979 (rebate on heavy oil)—
(a) in paragraph (a) (fuel oil) for “£0.0274” substitute “£0.0382”,
(b) in paragraph (b) (gas oil: general) for “£0.0313” substitute “£0.0422”, and
(c) in paragraph (ba) (ultra low sulphur diesel) for “£0.0313” substitute “£0.0422”.
(2) In section 14(1) of that Act (furnace fuel) for “£0.0274” substitute “£0.0382”.
(3) This section shall be deemed to have come into force at 6 o'clock in the evening of 9th April 2003.
6 General betting duty and pool betting duty: relief for losses
(1) Part 1 of the Betting and Gaming Duties Act 1981 (c. 63) (betting duties) is amended as follows.
“5AA Relief for losses
(1) This section applies where the amount of a person’s net stake receipts for an accounting period in respect of a class of bets (calculated in accordance with section 5(1)) is a negative amount.
(2) That amount shall be carried forward to the following accounting period and, to the extent that it does not exceed it, deducted from the amount of the person’s net stake receipts in respect of the same class of bets for that period.
“7ZA Relief for losses
(1) This section applies where the amount of a person’s net pool betting receipts for an accounting period is a negative amount.
(2) That amount shall be carried forward to the following accounting period and, to the extent that it does not exceed it, deducted from the amount of the person’s net pool betting receipts for that period.
7 General betting duty: betting exchanges
(2) After section 5AA (inserted by section 6 above) insert—
“5AB Betting exchanges
(2) General betting duty shall be charged on the amounts (“commission charges”) that the parties to the bet are charged, whether by deduction from winnings or otherwise, for using those facilities.
(5) For the purposes of this section, and section 5B(4) so far as relating to this section, a person who arranges for facilities relating to a bet to be provided by another person shall be treated as providing them himself (and the other person shall not).”.
(3) In section 5B (liability to pay)—
“(1) All general betting duty chargeable in respect of—
(b) in subsection (4), after “section 4(1) to (3)” insert “or 5AB”.
(4) In section 5C (bet-brokers)—
(a) in paragraph (a) of subsection (1) (application of section) after “in the course of a business” insert “, other than a betting-exchange business,”;
(b) at the end of that subsection insert—
(c) omit subsections (2) (bet treated as made between bettor and bet-broker) and (3) (subsection (2) not to apply to off-course bets where bet-taker is a bookmaker);
(d) in subsection (4) omit the words “In the case of a bet which is excluded from subsection (2) by virtue of subsection (3),”.
(5) The amendments made by this section apply in relation to any accounting period beginning on or after 1st June 2003.
(6) Those amendments do not apply in relation to a bet (a “straddling bet”) that is—
(a) made, using facilities provided by a person (“the broker”), in an accounting period of the broker beginning before 1st June 2003, but
(7) Any winnings paid in respect of a straddling bet to which section 5AB of the Betting and Gaming Duties Act 1981 (c. 63) would apply but for subsection (6) above shall be treated for the purposes of that Act as paid in the broker’s accounting period in which the bet was made (“the earlier accounting period”).
(8) Subsection (7) shall not have effect to reduce the general betting duty payable by the broker for the earlier accounting period; but the amount of the reduction that would (but for this subsection) have been made for that period shall be set against any liability of the broker to general betting duty for accounting periods in the following three years, taking earlier periods before later ones until the amount is exhausted.
8 General betting duty: restriction of exemption for on-course bets
(1) In section 12(4) of the Betting and Gaming Duties Act 1981 (general betting duty: supplementary provisions), in the definition of “on-course bet” for “a meeting” substitute “a horse or dog race meeting”.
(2) This section applies to bets made on or after 1st September 2003.
9 Bingo duty
(1) For sections 17 to 20 of the Betting and Gaming Duties Act 1981 (bingo duty) substitute—
“17 Bingo duty
(1) A duty of excise, to be known as bingo duty, shall be charged—
(a) on the playing of bingo in the United Kingdom, and
(b) at the rate of 15 per cent of a person’s bingo promotion profits for an accounting period.
(2) Subsection (1) is subject to the exemptions specified in Part 1 of Schedule 3 to this Act.
(3) The amount of a person’s bingo promotion profits for an accounting period is—
(a) the amount of the person’s bingo receipts for the period (calculated in accordance with section 19), minus
(b) the amount of his expenditure on bingo winnings for the period (calculated in accordance with section 20).
(4) Bingo duty charged in respect of a person’s bingo promotion profits shall be paid by him.
(5) Where the amount that would be charged in respect of a person’s bingo promotion profits for an accounting period is less than £1, no duty shall be charged.
(1) For the purposes of section 17 an accounting period ends, and another begins, at the end of the last Sunday in each calendar month.
(3) Regulations made by virtue of subsection (2) may make transitional provision.
19 Bingo receipts
(1) A person has bingo receipts for an accounting period if payments fall due in the period in respect of entitlement to participate in bingo promoted by him.
(2) The amount of the person’s bingo receipts for the accounting period is the aggregate of those payments.
(a) an amount in respect of entitlement to participate in a game of bingo is to be treated as falling due in the accounting period in which the game is played,
(b) where a payment relates to a supply of services on which value added tax is chargeable, the amount of value added tax chargeable shall be disregarded (irrespective of whether or not that amount is paid by way of value added tax),
(c) it is immaterial whether an amount falls due to be paid to the promoter or to another person,
(d) it is immaterial whether an amount is described as a fee for participation, as a stake, or partly as one and partly as the other, and
(e) where a sum is paid partly in respect of entitlement to participate in a game of bingo and partly in respect of another matter—
(i) such part of the sum as is applied to, or properly attributable to, entitlement to participate in the game shall be treated as an amount falling due in respect of entitlement to participate in the game, and
(ii) the remainder shall be disregarded.
20 Expenditure on bingo winnings
(1) A person’s expenditure on bingo winnings for an accounting period is the aggregate of the values of prizes provided by him in that period by way of winnings at bingo promoted by him.
(2) Where a prize is obtained by the promoter from a person not connected with him, the cost to the promoter shall be treated as the value of the prize for the purpose of subsection (1).
(3) Where a prize is a voucher which—
(a) may be used in place of money as whole or partial payment for benefits of a specified kind obtained from a specified person,
(b) specifies an amount as the sum or maximum sum in place of which the voucher may be used, and
(4) Where a prize is a voucher (whether or not it falls within subsection (2)) it shall be treated as having no value for the purpose of subsection (1) if—
(a) it does not satisfy subsection (3)(a) and (b), or
(b) its use as described in subsection (3)(a) is subject to a specified restriction, condition or limitation which may make the value of the voucher to the recipient significantly less than the amount mentioned in subsection (3)(b).
(5) In the case of a prize which—
(a) is neither money nor a voucher, and
(b) does not fall within subsection (2),
(i) the amount which the prize would cost the promoter if obtained from a person not connected with him, or
(ii) where no amount can reasonably be determined in accordance with sub-paragraph (i), nil.
(a) a reference to connection between two persons shall be construed in accordance with section 839 of the Income and Corporation Taxes Act 1988 (connected persons), and
(b) an amount paid by way of value added tax on the acquisition of a thing shall be treated as part of its cost (irrespective of whether or not the amount is taken into account for the purpose of a credit or refund).
20A Combined bingo
(1) A game of bingo is “combined bingo” if—
(a) it is multiple bingo within the meaning of section 1 of the Gaming (Bingo) Act 1985, or
(b) it is played in more than one place and promoted by more than one person.
(2) Payments made in respect of entitlement to participate in combined bingo shall be treated for the purposes of section 19(1) as bingo receipts only of the first promoter to whom (or at whose direction) they are paid.
(3) Where money representing stakes hazarded at combined bingo is paid in an accounting period by one promoter of the bingo (“the first promoter”) to another (“the second promoter”)—
(a) the money shall not be treated as a bingo receipt of the second promoter for the purposes of section 19(1),
(b) the payment shall be treated as expenditure of the first promoter on bingo winnings for the accounting period for the purposes of section 20(1), and
(c) no subsequent payment of all or part of the money shall be treated as expenditure on bingo winnings for the purposes of section 20(1) (whether paid by the second promoter to another person, by the first promoter having received it from the second promoter, or otherwise).
(4) Subsections (2) and (3) shall apply only where the combined bingo is played entirely in the United Kingdom.
20B Carrying losses forward
(1) Where the calculation of a person’s bingo promotion profits for an accounting period results in a negative amount (“the loss”)—
(a) no bingo duty shall be chargeable in respect of that accounting period, and
(b) for the purpose of section 17(3), the amount of the person’s expenditure on bingo winnings for the next accounting period shall be increased by the amount of the loss.
(2) Subsection (1) applies to an accounting period whether or not the loss results wholly or partly from the previous application of that subsection.
20C Supplementary
(1) Part 2 of Schedule 3 to this Act (bingo duty: supplementary) shall have effect.
(2) In sections 17 to 20B above, this section and Schedule 3—
(3) For the purposes of those provisions, except in relation to combined bingo, the promoter of a game of bingo is—
(a) in the case of licensed bingo, the holder of the licence, and
(b) in the case of non-licensed bingo, the person who provides the facilities for the game.
(4) For the purposes of those provisions in relation to combined bingo a person promotes a game of bingo if he is wholly or partly responsible for organising it or for providing facilities for it.
(5) In those provisions a reference to entitlement to participate in a game of bingo includes a reference to an opportunity to participate in a game of bingo in respect of which a charge is made (whether by way of a fee for participation, a stake, or both).
(6) In proceedings relating to bingo duty under the customs and excise Acts an averment in any process that a particular game is a version of bingo shall, until the contrary is proved, be sufficient evidence that it is.”.
(2) In paragraph 1 of Schedule 3 to the Betting and Gaming Duties Act 1981 (c. 63) (bingo duty: exemptions: domestic bingo) for “Bingo duty shall not be charged in respect of” substitute “In calculating liability to bingo duty no account shall be taken of”.
(3) For paragraph 2 of Schedule 3 to the Betting and Gaming Duties Act 1981 (bingo duty: exemptions: small-scale bingo) substitute—
2 (1) This paragraph applies where entitlement to participate in non-licensed bingo depends on a person’s being—
(a) a member of a group or organisation,
(b) a guest of a member of a group or organisation, or
(c) a guest of a group or organisation.
(2) Payments in respect of entitlement to participate in the non-licensed bingo shall not be brought into account in relation to any person for the purpose of section 19.
(3) Winnings at the non-licensed bingo shall not be brought into account in relation to any person for the purpose of section 20.
2A (1) In the case of non-licensed bingo to which paragraph 2 does not apply—
(a) payments in respect of entitlement to participate in the non-licensed bingo shall not be brought into account in relation to any person for the purpose of section 19 (subject to sub-paragraphs (2) to (5) below), and
(b) winnings at the non-licensed bingo shall not be brought into account in relation to any person for the purpose of section 20 (subject to sub-paragraphs (2) to (5) below).
(2) If on a day winnings at non-licensed bingo promoted by a person exceed £500, sub-paragraph (1) shall not apply in relation to the person in respect of the accounting period in which that day falls and the next two accounting periods.
(3) If stakes exceeding in aggregate £500 are hazarded on a day at non-licensed bingo promoted by a person, sub-paragraph (1) shall not apply in relation to the person in respect of the accounting period in which that day falls and the next two accounting periods.
(4) If in an accounting period winnings at non-licensed bingo promoted by a person exceed £7,500, sub-paragraph (1) shall not apply in relation to the person in respect of that accounting period and the next two accounting periods.
(5) If stakes exceeding in aggregate £7,500 are hazarded in an accounting period at non-licensed bingo promoted by a person, sub-paragraph (1) shall not apply in relation to the person in respect of that accounting period and the next two accounting periods.
(6) For the purposes of this paragraph winnings at bingo shall be valued in accordance with section 20(2) to (6).”.
(4) After paragraph 2A of Schedule 3 to the Betting and Gaming Duties Act 1981 (c. 63) insert—
2B In calculating liability to bingo duty no account shall be taken of bingo to which there apply (without any exception or modification by virtue of regulations) both—
(a) section 3 of the Gaming Act 1968 or Article 56 of the Betting, Gaming, Lotteries and Amusements (Northern Ireland) Order 1985 (prohibition on charging for participation), and
(b) section 4 of that Act or Article 57 of that Order (prohibition of levy on stakes or winnings).”.
(5) In paragraph 5(1) of Schedule 3 to the Betting and Gaming Duties Act 1981 (c. 63) (bingo duty: exemptions: commercial amusements) for “Bingo duty shall not be charged in respect of” substitute “In calculating liability to bingo duty no account shall be taken of”.
(6) In paragraph 6 of Schedule 3 to that Act (bingo duty: exemptions: machine bingo) for “Bingo duty shall not be charged in respect of” substitute “In calculating liability to bingo duty no account shall be taken of”.
(7) In paragraph 10(1) of Schedule 3 to that Act (notification and registration of bingo-promoters) for “which will, or may, be chargeable with bingo duty” substitute “in connection with which bingo duty may be chargeable”.
(8) The following paragraphs of Schedule 3 to that Act shall cease to have effect—
(a) paragraph 11 (announcement of prizes),
(b) paragraph 12 (records), and
(c) paragraph 15 (disputes).
(9) In paragraph 16(2) of Schedule 3 to that Act (enforcement)—
(a) for “(being bingo which is or may be chargeable with bingo duty)” substitute “(being bingo in connection with which bingo duty may be chargeable)”, and
(b) paragraph (b) (and the word “or” immediately before it) shall cease to have effect.
(10) This section shall have effect in relation to bingo played on or after 27th October 2003 (with which day the first accounting period for the purposes of section 17 of the Betting and Gaming Duties Act 1981 shall begin).
10 Amusement machines not operated by coins or tokens
(1) In section 21 of the Betting and Gaming Duties Act 1981 (amusement machine licences), for subsections (3B) to (3D) (meaning of “fifty-penny machine”) substitute—
“(3B) For the purposes of this section an amusement machine is a “fifty-penny machine” if, and only if—
(a) where it is a machine on which a game can be played solo, the cost for each time the game is played on it solo—
(i) does not exceed 50p, or
(ii) where the machine provides differing numbers of games in different circumstances, cannot exceed 50p;
(b) where it is a machine on which a game can be played by more than one person at a time, the cost per player for each time the game is played on it simultaneously by more than one player—
(ii) where the machine provides differing numbers of games in different circumstances, cannot exceed 50p.”.
(2) In section 25(1) of that Act (definition of “amusement machine”), in paragraph (c) for “coin or token” substitute “coin, token or other thing”.
(3) In section 26(2) of that Act (interpretation), for the definitions of “two-penny machine”, “five-penny machine” and “ten-penny machine” substitute—
(a) does not exceed 2p, or
(b) where the machine provides differing numbers of games in different circumstances, cannot exceed 2p,
(4) In the following provisions of the Value Added Tax Act 1994 (c. 23)—
(a) the definition of “gaming machine” in section 23(4), and
(b) Note (3) (definition of “gaming machine”) to Group 4 of Schedule 9,
11 Amusement machines: use of currencies other than sterling
(1) In section 26 of the Betting and Gaming Duties Act 1981 (c. 63) (interpretation etc), omit the definition of “coin” in subsection (2).
“26A Amounts in currencies other than sterling
(1) Any reference in this Part of this Act to a amount in sterling, in the context of—
(a) the cost of playing a game, or
(b) the amount of the prize for a game,
(2) The equivalent amount in another currency, in relation to any day, shall be determined by reference to the London closing exchange rate for the previous day.
(3) For the purposes of determining what duty is payable on an amusement machine licence in a case where this section applies, the equivalent in another currency of an amount in sterling shall be taken to be its equivalent on the day on which the application for the licence is received by the Commissioners, or the due date in the case of a default licence.
(4) In subsection (3) above—
(3) This section does not apply in relation to any amusement machine licence granted before the day on which this Act is passed or to anything done under such a licence.
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