Australian Capital Territory Repealed Acts

This legislation has been repealed.

BUSINESS FRANCHISE (LIQUOR) ACT 1993 (REPEALED) - SECT 9

(1)     Subject to section 10, the quarterly franchise fee payable by a licensee for a quarter is—

        (a)     in the case of an exempt wholesale licence—the determined amount plus the aggregate of the amounts in relation to each determined type of liquor traded under the licence, the amount for each determined type of liquor being calculated in accordance with the formula in subsection (2); or

        (b)     in any other case—

              (i)     the determined amount; or

              (ii)     the aggregate of the amounts in relation to each determined type of liquor traded under the licence, each such amount being calculated in accordance with the formula in subsection (2);

whichever is greater.

(2)     For the purposes of subsection (1), the formula is—

(WLP ^_ ES) x DR

where—

    WLP     is the aggregate of amounts (including duties) paid or payable for wholesale liquor purchases of the determined type of liquor in the base quarter in the course of trading under the licence;

    ES     is the aggregate of amounts (including duties) paid or payable for exempt sales of the determined type of liquor in the base quarter in the course of trading under the licence; and

    DR     is the determined rate for the determined type of liquor.

(3)     In this section, a reference to liquor traded under the licence is to be read as including a reference to all such liquor irrespective of whether the person liable to pay the quarterly franchise fee was the licensee at the time of such trading.