Committee Reports::Interim Report - Betting Act 1926, and the Law relating to the Business of Bookmaking::18 April, 1929::Report

INTERIM REPORT OF THE JOINT COMMITTEE ON THE BETTING ACT, 1926, AND THE LAW RELATING TO THE BUSINESS OF BOOKMAKING.

1. The Joint Committee has made progress in the matters referred to it, but is not in a position to present a final report. It is desired, however, owing to the imminence of the introduction, by the Minister for Finance, of his proposals in connection with the Finance Act, to make the following recommendations, pending a complete report on the matters referred to the Joint Committee.


2. Convincing evidence has been produced to the Joint Committee to the effect that the tax on race-course betting is producing most detrimental effects on the industry of horse breeding in the Irish Free State. It is, consequently, recommended that this tax be withdrawn.


3. It is further recommended that, pending the introduction of the totalisator, from which, it is expected, considerable revenue will accrue to the State, the advisability of increasing the duty at present charged to bookmakers operating on race-courses should be considered, with a view to compensating, to some extent, for the decrease in revenue involved in the previous recommendation.


(Signed), BRYAN MAHON,


Chairman:


18th April, 1929.