reg 69F
In forceMaintenance of sports facilities with open community access
Part 9Community purpose contributions
Division 9.5Working out value and timing of community purpose contributions—Act, s 167 (7)
69F Maintenance of sports facilities with open community access
(1)
This section applies to a community purpose contribution mentioned in section 64 (1) (a).
(2)
The value of any maintenance claimed as a community purpose contribution for a reporting year for a licensee that is a club must exclude the total amount of income that the licensee makes from, or receives for, the sports facility during the reporting year.
Examples—income
1 fees or charges that the licensee collects for use of the sports facility
2 grants the licensee receives for operating or maintaining the sports facility
Research tools for this sectionPro
The statute text is free to read above. View Pro plans to unlock the case-law research tools for each provision.