154A.430 Computation of retailer's rental payments. - Kentucky Statutes

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154A.430 Computation of retailer's rental payments. If a lottery retailer's rental payments for the business premises are contractually
computed, in whole or in part, on the basis of a percentage of retail sales, and such
computation of retail sales is not explicitly defined to include sales of tickets in a state-
operated lottery, the compensation received by the lottery retailer from the lottery shall be
considered the amount of the retail sale for purposes of computing the rental payment. Effective: December 15, 1988
History: Created 1988 (1st Extra. Sess.) Ky. Acts ch. 1, sec. 14, effective December 15, 1988.