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Policy Update Daniel Brown Policy Manager
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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)
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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
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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?
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