Section 15.160.350. Registered vendor compensation.  


Latest version.
  • 	(a)  A permittee may not pay, and a registered vendor may not accept permittee payment of, any expense incurred by the registered vendor that would cause the permittee to receive, in violation of AS 05.15.188, less than 70 percent of the ideal net of a pull-tab game sold to the vendor. A permittee may not engage in a sales transaction under AS 05.15  or this chapter with a person, whether licensed or not, who sells or provides gaming supplies or equipment to a third party, if the same sale made directly to the third party would result in a prohibited conflict of interest under AS 05.15  or this chapter.   
    	(b)  A registered vendor may not participate in a purchase inducement program prohibited by 15 AAC 160.942 or accept, as a gift, as a loan, or for rent at less than fair market value, a pull-tab point-of-sale system or pull-tab dispensing device from a third party, or from a distributor who supplies pull-tab games for a permittee for which the registered vendor sells pull-tab games. A registered vendor may not purchase, rent, or otherwise receive a pull-tab point-of-sale system or pull-tab dispensing device from a permittee even if the registered vendor provides fair market value for the system or device.  
    	(c)  A permittee may sell pull-tabs in premises that otherwise qualify as a vendor location, without the business in that premises becoming a registered vendor, and without the permittee receiving the payment required under AS 05.15.188(i) for any pull-tab series that the permittee sells, if   
    		(1) the business is not paid or provided compensation other than lease payments;  
    		(2) the lease is executed in accordance with 15 AAC 160.935(c);  
    		(3) lease payments do not exceed the amount calculated under 15 AAC 160.935(c)(2);  
    		(4) the sale of pull-tabs is conducted in a space separate and distinct from any area where alcoholic beverages are stored or dispensed;  
    		(5) the sale of pull-tabs is conducted by employees or volunteers of the permittee; and  
    		(6) the department has issued a permit for that location.  
    

Authorities

05.15.060;05.15.188

Notes


Reference

15 AAC 160.800
Authority
AS 05.15.060 AS 05.15.188
History
Eff. 7/30/94, Register 131; am 6/22/2008, Register 186