Taxation (Livestock Valuation, Assets Expenditure, and Remedial Matters) Act 2013

122 Section 9 amended (Time of supply)

Replace section 9(2)(e) with:

(e)

if the supply is made under section 5(10),—

(i)

for an amount of money paid by a person to participate in gambling (including a New Zealand lottery), on the date on which the first drawing or determination of a result commences, but this subparagraph does not apply to an instant game that is a New Zealand lottery or gambling played by means of a gaming machine as defined in section 4(1) of the Gambling Act 2003:

(ii)

for an amount of money paid by a person to participate in a prize competition on the date on which the first drawing or determination of the prize competition commences: