(1) A gambling supply is a * taxable supply involving:
(a) the supply of a ticket (however described) in a lottery, raffle or similar undertaking; or
(b) the acceptance of a bet (however described) relating to the outcome of a * gambling event.
(2) A gambling event is:
(a) the conducting of a lottery or raffle, or similar undertaking; or
(b) a race, game, or sporting event, or any other event, for which there is an outcome.
Table of Subdivisions
129-B Adjustment periods
129-C When adjustments for acquisitions and importations arise
129-D Amounts of adjustments for acquisitions and importations
129-E Attributing adjustments under this Division