The Horserace Betting and Olympic Lottery Act 2004 (c. 25) is an act of the Parliament of the United Kingdom.
Provisions
Horse racing
The act allowed for the sale of the Horserace Totalisator Board (Tote) to Betfred which had certain conditions. The sale of the Tote was delayed due to a European Commission investigation and the 2008 financial crisis.
The act also abolishes the Horserace Betting Levy Board. The Tote lost its monopoly on pool betting.
Olympic Lottery
The act allowed for the establishment of the Olympic Lottery Distribution Fund if the United Kingdom was successful in its bid to host the 2012 Summer Olympics.
Section 40 - Commencement
The following orders have been made under this section:
- The Horserace Betting and Olympic Lottery Act 2004 (Commencement No. 1) Order 2004 (SI 2004/3283 (C. 149))
- The Horserace Betting and Olympic Lottery Act 2004 (Commencement No. 2) Order 2005 (SI 2005/1134 (C. 52))
- The Horserace Betting and Olympic Lottery Act 2004 (Commencement No. 3) Order 2005 (SI 2005/1831 (C. 78))
- The Horserace Betting and Olympic Lottery Act 2004 (Commencement No. 4) Order 2011 (SI 2011/462 (C. 17))
Notes
References
- "Horserace Betting and Olympic Lottery Act 2004". Current Law Statutes 2004. Sweet & Maxwell. London. W Green. Edinburgh. 2004. Volume 2. Chapter 25. pp 25-1 to 25âÂÂ36.
- Halsbury's Statutes
External links