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reg 69C

Requirements for in-kind contribution—Act, s 167 (4) (b)

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Part 9Community purpose contributions
Division 9.4In-kind contributions—Act, s 167 (4)

69C Requirements for in-kind contribution—Act, s 167 (4) (b)

The requirements are that the contribution in kind from a licensee that is a club—

(a)

does not exceed 2% of the licensee’s net revenue for all authorised premises for the relevant reporting year; and

(b)

is made to a recipient that is not controlled by or related to the club; and

(c)

is made for the purpose of providing a defined facility, space or program for the recipient.

Division 9.5 Working out value and timing of community purpose contributions—Act, s 167 (7)

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