77Meaning of permitted benefit—method for determining market value

77 Meaning of permitted benefit—method for determining market value

(1) For the purposes of subsection 23DZZIF(9) of the Act, the market value of property, goods or services is the amount that a willing purchaser would have had to pay, at the time mentioned in subsection (2), to a vendor who was willing, but not anxious, to sell. (2) The time is, for an offence or contravention of a civil penalty provision that involves: (a) a person asking for a benefit that is not a permitted benefit—when the person asked for the benefit; or (b) a person accepting a benefit that is not a permitted benefit—when the person accepted the benefit; or (c) a person offering a benefit that is not a permitted benefit—when the person offered the benefit; or (d) a person providing a benefit that is not a permitted benefit—when the person provided the benefit.