Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 100.12

             (1)  To avoid doubt, the consideration for a * taxable supply of a thing acquired by fully redeeming a * voucher is taken to be the sum of:

                     (a)  the * stated monetary value of the voucher, reduced by any amount of that value refunded to the holder of the voucher in respect of the supply; and

                     (b)  any additional consideration provided for the supply.

             (2)  To avoid doubt, the consideration for a * taxable supply of a thing acquired by partly redeeming a * voucher is taken to be the sum of:

                     (a)  the amount of the * stated monetary value of the voucher that the redemption represents; and

                     (b)  any additional consideration provided for the supply.

             (3)  Subsections (1) and (2) have effect despite section 9-15 (which is about consideration).