Clause 109 - Amendment of section 67

Consideration includes reimbursements, amounts payable for taxable services, and lottery ticket retention expanding taxable service scope.

Clause 109 substitutes clause (a) of the Explanation to section 67 to define consideration as including: amounts payable for taxable services; reimbursable expenditures or costs incurred and charged by the service provider in providing or agreeing to provide a taxable service (subject to prescribed exceptions and conditions); and any amount retained by a lottery distributor or selling agent from gross lottery ticket sales in addition to fee, commission or discount, being the difference between face value and acquisition price.