Gambling Act 2005
Write the words of this act the way you think they should read. Solon shows your change as a redline against the published text and pins it to that exact text, so it can never be applied to wording you did not see.
Change 1
254 Proceeds and profits
(1) In this Act a reference to the proceeds of a lottery is a reference to the aggregate of amounts paid in respect of the purchase of lottery tickets. (2) In this Act a reference to the profits of a lottery is a reference to— (a) the proceeds of the lottery, minus (b) amounts deducted by the promoters of the lottery in respect of— (i) the provision of prizes, (ii) sums to be made available for allocation in another lottery in accordance with a rollover, or (iii) other costs reasonably incurred in organising the lottery.
254 Proceeds and profits
(1) In this Act a reference to the proceeds of a lottery is a reference to the aggregate of amounts paid in respect of the purchase of lottery tickets. (2) In this Act a reference to the profits of a lottery is a reference to— (a) the proceeds of the lottery, minus (b) amounts deducted by the promoters of the lottery in respect of— (i) the provision of prizes, (ii) sums to be made available for allocation in another lottery in accordance with a rollover, or (iii) other costs reasonably incurred in organising the lottery.
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