Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 126.35

  (1)   A gambling supply is a * taxable supply involving:

  (a)   the supply of a ticket (however described) in a lottery, raffle or similar undertaking; or

  (b)   the acceptance of a bet (however described) relating to the outcome of a * gambling event.

  (2)   A gambling event is:

  (a)   the conducting of a lottery or raffle, or similar undertaking; or

  (b)   a race, game, or sporting event, or any other event, for which there is an outcome.

Table of Subdivisions

129 - A   General

129 - B   Adjustment periods

129 - C   When adjustments for acquisitions and importations arise

129 - D   Amounts of adjustments for acquisitions and importations

129 - E   Attributing adjustments under this Division