Betting Tax Act 2018
sec.15Meaning of change of status
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sec.15 Meaning of change of status
A person who is a relevant betting operator has a change of status if, during a financial year— the person— ceases to be authorised under a licence or other authority mentioned in section 12 (a) ; or ceases to be exempt from the authorisation requirements mentioned in section 12 (b) ; or the person ceases to conduct betting operations and does not intend to resume conducting betting operations for the remainder of the financial year or in the next financial year; or an administrator is appointed for the person, other than on 1 July in the financial year; or the appointment of an administrator for the person ceases to have effect.
- (a) the person— (i) ceases to be authorised under a licence or other authority mentioned in section 12 (a) ; or (ii) ceases to be exempt from the authorisation requirements mentioned in section 12 (b) ; or
- (i) ceases to be authorised under a licence or other authority mentioned in section 12 (a) ; or
- (ii) ceases to be exempt from the authorisation requirements mentioned in section 12 (b) ; or
- (b) the person ceases to conduct betting operations and does not intend to resume conducting betting operations for the remainder of the financial year or in the next financial year; or
- (c) an administrator is appointed for the person, other than on 1 July in the financial year; or
- (d) the appointment of an administrator for the person ceases to have effect.
- (i) ceases to be authorised under a licence or other authority mentioned in section 12 (a) ; or
- (ii) ceases to be exempt from the authorisation requirements mentioned in section 12 (b) ; or