Fergus O'Dowd (Louth, Fine Gael) | Oireachtas source

I move amendment No. 10:

In page 18, to delete lines 31 to 35 and substitute the following:"(3) Upon receipt of an application in accordance with this section and payment—

(a) to the Revenue Commissioners of the excise duty payable in respect of a bookmaker’s licence, or
(b) in circumstances where the applicant exercises the option under section 66C of the Finance Act 2002, to the Revenue Commissioners of the first instalment referred to in that section, and subject to subsection (4), the Revenue Commissioners shall issue to the applicant a bookmaker’s licence.".

The Bill provides for the first time for a statutory framework for the licensing of remote bookmakers and remote betting intermediaries. These licences will be valid for a two-year period. This Bill also extends the period of validity for existing bookmakers’ licences and the period for registration of bookmaking premises to two years. The Finance (No. 2) Act 2013 brought the present legislative provisions for excise duties payable on licences into line with the changes made to the licensing provisions under this Bill. The 2013 Act also provided for an increase in the excise duty payable for traditional bookmakers' licences and registration of bookmaking premises, in line with the extension of the period of validity for both to two years, and provided the option of paying the excise duty in full or in two equal instalments. These amendments bring this Bill into line with the instalment arrangements. Basically, we are providing for these moneys to be paid over two years.