Policy Update Daniel Brown Policy Manager

Key Projects Class 4 Review Venue Payments Focus on sustainable funding to communities Discussion paper out this June Venue Payments Commission based system Flat rate of up to 1.28% turnover/week (annual max 16% GMP exl GST)

Key Projects Net proceeds regulations Grant making/publication MRR at 40% Looking at ‘community equity’ societies can hold on their books Grant making/publication No newspaper publication required from October Looking at need for regulations to clarify what (and how) societies should publish about grants wider

Sector Challenges Some discussion starters How much has the sector changed since 2003? Is the current framework still fit for purpose? Legislative restrictions – e.g. number and movement of machines, stakes and prizes Size of the sector – advantages / disadvantages of multiple grass roots societies Relationship between societies and venues Can the grant-making processes be improved? Settings around APs? Effect of local government policies Where is the future going – online products?