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Working out value of in-kind community purpose contributions

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Part 9Community purpose contributions
Division 9.5Working out value and timing of community purpose contributions—Act, s 167 (7)

69K Working out value of in-kind community purpose contributions

(1)

This section applies to an in-kind community purpose contribution by a licensee that is a club.

(2)

In working out the value of the contribution, the licensee must use the cost of providing the contribution or the market value of the contribution.

(3)

The licensee must keep records of its workings and evidence of its costs and market valuations.

Part 9A Storage of authorisations and gaming machines—permits

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