Horserace Betting Right: A consultation on potential structure and operation

This consultation seeks views on a bespoke statutory framework that could replace the Horserace Betting Levy. It builds on two previous consultations on Levy reform or replacement conducted in 2014. There is no preferred option at this stage. The consultation will close on 12 March 2015.

The updated financial information to be read with the table on p.12 and other related references in the Impact Assessment. The updated financial information may be of help to respondents as the lower HBLB administration figure will have a downward impact on the Net Benefit (Present Value) calculation contained in the Impact Assessment.