UKGC directs future regulatory settlement money to Consolidated Fund
By SectorWire desk ·
Summary
Following a consultation launched in February, the UK Gambling Commission has decided that regulatory settlement money will be paid to the Consolidated Fund. It said this accounts for the statutory levy’s commissioning structures and avoids duplication of levy-funded work.
Why it matters
Regulatory settlement money will go to the Consolidated Fund to account for statutory levy commissioning structures and avoid duplicated work.