Document ID: chunk:federal_register_of_legislation:C2025C00126:section:5:p25
Version: federal_register_of_legislation:C2025C00126
Segment Type: section
Provision Reference: s 5 (pt 25/33)
Character Range: 592730–595416

is entitled to supplies up to the *stated monetary value of the voucher.

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).

100‑15  Increasing adjustments for unredeemed vouchers
 (1) You have an increasing adjustment if:
 (a) you supplied a *voucher for *consideration; and
 (b) on redemption of the voucher, the holder of the voucher was entitled to supplies up to the *stated monetary value of the voucher; and
 (c) the voucher has not been fully redeemed; and
 (d) you have, for accounting purposes, written back to current income any reserves for the redemption of the voucher.
 (2) The amount of the increasing adjustment is 1/11 of the *stated monetary value of the voucher to the extent that it was not redeemed.

100‑18  Arrangement for supply of voucher
 (1) An entity (the supplier) may, in writing, enter into an arrangement with another entity under which the other entity supplies (whether or not as an agent on the supplier's behalf) a *voucher to a third party.
 (2) If, under the arrangement, the supplier pays, or is liable to pay, an amount, as a commission or similar payment, to the other entity for the other entity's supply, the supply by the other entity to the supplier, to which the supplier's payment or liability relates, is treated as if it were not a *taxable supply.
 (3) This section has effect despite section 9‑5 (which is about what are taxable supplies).

100‑20  Vouchers supplied to non‑residents and redeemed by others in the indirect tax zone
  This Division does not apply to a *voucher supplied to a *non‑resident if, because of the application of subsection 38‑190(3), the supply is not *GST‑free.

100‑25  Meaning of voucher etc.
 (1) A voucher is any:
 (a) voucher, token, stamp, coupon or similar article; or
 (b) *prepaid phone card or facility;
the redemption of which in accordance with its terms entitles the holder to receive supplies in accordance with its terms. However, a postage stamp is not a