Document ID: chunk:federal_register_of_legislation:C2010C00260:clause:4_9
Version: federal_register_of_legislation:C2010C00260
Segment Type: clause
Provision Reference: sch 4 cl 9
Character Range: 77379–78203

9  After section 100‑10
Insert:

100‑12  Consideration on redemption of vouchers

 (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).