157ADefinitions—pt 11

157A Definitions—pt 11 GMT rebate—see section 162A. small or medium club, for a financial year, means a licensee that is a club if— (a) the gross revenue in relation to the operation of gaming machines under all authorisation certificates held by the licensee is not more than $4 000 000 for the financial year; or (b) if the gross revenue in relation to the operation of gaming machines under all authorisation certificates held by the licensee is more than $4 000 000 for the financial year—the licensee would receive a reduced GMT rebate for the financial year because of the application of section 162A (3). small or medium club group, for a financial year, means all licensees within a club group if— (a) the gross revenue in relation to the operation of gaming machines under all authorisation certificates held by all licensees of the group is not more than $4 000 000 for the financial year; or (b) if the gross revenue in relation to the operation of gaming machines under all authorisation certificates held by all licensees of the group is more than $4 000 000 for the financial year—the licensees would receive a reduced GMT rebate for the financial year because of the application of section 162A (3).

tax period means— (a) for a licensee that makes an election under section 161A— a quarter; or (b) in any other case—a month.