Singapore legislation
Regulation 91A
Regulation 91A
Value of betting and gaming transactions
Subregulation 1
Notwithstanding section 17 of the Act, the value to be taken as the value of supplies made in the circumstances mentioned in regulation 91 in any period shall be determined as if the consideration for the supplies were reduced by an amount equal to the amount of money (if any) received in that period by persons (other than the person making the supply and persons acting on his behalf) participating successfully in the betting, sweepstakes, lotteries, fruit machines or games of chance, as the case may be.
Subregulation 2
The insertion of a token into a machine shall be treated for the purposes of regulation 91 as the payment of an amount equal to that for which the token can be obtained; and the receipt of a token by a person playing successfully shall be treated for the purposes of paragraph (1) —
if the token is of a kind used to play the machine, as the receipt of an amount equal to that for which such a token can be obtained; or
if the token is not of such a kind but can be exchanged for money, as the receipt of an amount equal to that for which it can be exchanged.