14Wholesale liquor transactions

14 Wholesale liquor transactions

(1)  In this regulation –

related entity, of a licensee, means a related entity of that licensee within the meaning of the Corporations Act;

reporting licensee means a licensee who –

(a) in the previous financial year, has a total sales volume in excess of one or more of the small-business thresholds; or

(b) has a related entity that, in the previous financial year, has a total sales volume in excess of one or more of the small-business thresholds.

(2)  For the purposes of subregulation (1), the small-business thresholds are as follows:

(a) 8 750 litres per year of spirits;

(b) 28 500 litres per year of wine;

(c) 100 000 litres per year of beer;

(d) 100 000 litres per year of cider.

(3)  For the purposes of the definition of wholesale liquor transaction in section 222B(1) of the Act, the type of transaction prescribed is a transaction in which a reporting licensee supplies liquor to another licensee –

(a) in that other licensee's capacity as a licensee; and

(b) within Tasmania.