(1) Chapter 1 of Part 2 of the Finance Act 2002 is amended -

(a) in section 67 by inserting the following after subsection (3):

"(3A)

(a) Subject to paragraph (b) and to such conditions as the Revenue Commissioners may prescribe or otherwise impose, a bookmaker shall not be liable for betting duty on a bet made, laid or otherwise entered into by the bookmaker where it is shown to the satisfaction of the Revenue Commissioners to have been transferred by that bookmaker to another bookmaker and accepted by the other bookmaker.

(b) Where paragraph (a) applies, the bet so transferred shall, from the time it is accepted by that other bookmaker, be liable to betting duty under subsection (1) and that other bookmaker shall be liable for payment of the betting duty.",

and

(b) in section 77(1) -

(i) in paragraph (b) by substituting "betting duty, and" for "betting duty,",

(ii) in paragraph (c) by substituting "them." for "them, and", and

(iii) by deleting paragraph (d).