Moved by
Lord Phillips of Sudbury
91B: After Clause 15, insert the following new Clause—
“Review of the exemption of certain business gaming contracts from the Gaming Acts
(1) The Treasury must institute a review of the effects of certain business gaming contracts having been made enforceable by the repeal of certain provisions of the Gaming Acts pursuant to the Financial Services Act 1986 (as amended).
(2) “Effect” shall include the social, cultural and ethical effects.
(3) The Treasury may appoint one or more persons to undertake the review after consultation with the Bank of England, the PRA, the FCA and such others as it decides on such terms as it shall think fit.
(4) The review shall culminate in a report to the Treasury within two years of the coming into force of this Act.
(5) The Treasury must lay the report before Parliament and thereafter publish the same.”