This section applies to an arrangement which satisfies—
An arrangement to which this section applies shall be treated for the purposes of this Act as a game of chance (and not as a lottery) if a person who pays in order to join the class amongst whose members prizes are allocated is required to participate in, or to be successful in, more than three processes before becoming entitled to a prize.
An arrangement to which this section applies shall, subject to subsection (2), be treated for the purposes of this Act as a lottery (and not as a game of chance) if—
Any other arrangement to which this section applies shall be treated for the purposes of this Act as a game of chance (and not as a lottery).
This section is subject to regulations under section 6(6) or 14(7).