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.

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