Gambling Act 2005 (Monetary Limits for Lotteries) Bill
Official Summary
A Bill to remove monetary limits on proceeds from the mandatory conditions of lottery operating licences; and for connected purposes.
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Overview
This bill amends the Gambling Act 2005 to remove monetary limits on the proceeds from mandatory conditions of lottery operating licences. This means that the amount of money that lottery operators must contribute to good causes will no longer be capped.
Description
The bill specifically removes subsection (3) of Section 99 of the Gambling Act 2005, which sets monetary limits on lottery proceeds designated for good causes. The remaining subsections are renumbered to reflect this change. The bill includes transitional arrangements to ensure existing lottery licences are updated to reflect the removal of these limits. The Gambling Commission is tasked with amending these conditions without requiring consultation or urgency procedures. The Secretary of State is granted power to make any consequential legislative changes needed because of this act, subject to parliamentary approval.
Government Spending
The bill is not expected to directly increase or decrease government spending. The effect on government spending will depend on the amount of additional money generated by lotteries and subsequently distributed to good causes as a result of removing the monetary limits. Specific figures are not provided in the bill itself.
Groups Affected
Groups affected include:
- Lottery operators: They will no longer be subject to monetary limits on their contributions to good causes. This could lead to increased contributions.
- Good causes: They may receive increased funding from lottery proceeds as a result of the removal of the limits.
- The Gambling Commission: They are responsible for amending existing lottery licences to reflect the changes introduced by the bill.
- The Secretary of State: They have the power to make further consequential amendments to legislation.
- Parliament: Has a role in scrutinizing and approving any consequential regulations made under the act.
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