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The Government has published the Lottery Bill in an attempt to cut the costs of distributing Lottery funds.
The Bill, which is likely to be pushed through parliament before an anticipated spring general election, will force distributors to pool interest accrued on funds held but not distributed, leading to a significant loss of revenue for the Heritage Lottery Fund, which holds the largest fund of undistributed money. Distributors will also be encouraged to take account of public consultation in making decisions on the distribution of Lottery cash.