Licence Length, Extensions and Investment Considerations (Rothschild, September 2005)

This note, prepared by Rothschild, provided comments and recommendations on licence length, extensions and investment issues. Rothschild recommended a ten-year licence term, that the Commission should have the right to extend the licence on existing terms and that the licensee should be able to propose a variation mechanism in respect of investment with the Commission deciding the length of extension up to the limit provided by the National Lottery Act.

Related downloads

• Licence Length and Investment Issues (NERA, August 2005)

  This paper, prepared by NERA Economic Consulting, presented initial views on Licence length and the relationship between licence length and the investments that the Licence holder may make. The paper also considers issues related to licence extension

  (pdf - 568kb)