Florida Regulations 61A-1.01027: Merchandise Exception
Current as of: 2024 | Check for updates
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If an industry member is a bona fide producer, wholesaler, or retailer of other merchandise, such as groceries or pharmaceuticals, that industry member may sell that merchandise to vendors under the following conditions:
(1) The merchandise is sold at fair market value, either wholesale or retail;
(2) The merchandise is not sold in combination with alcoholic beverages except as provided in Fl. Admin. Code R. 61A-1.01022;
(3) The industry member’s cost for acquiring the merchandise appears in that industry member’s invoices or other records;
(4) The sale of merchandise is itemized separately from the sale of alcoholic beverages; and
(5) No equipment, as referenced in subsection 61A-1.010(1), F.A.C., or vehicles may be sold as merchandise.
Rulemaking Authority 561.11, 561.42 FS. Law Implemented 561.08, 561.42 FS. History-New 9-16-10.
Terms Used In Florida Regulations 61A-1.01027
- Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
(2) The merchandise is not sold in combination with alcoholic beverages except as provided in Fl. Admin. Code R. 61A-1.01022;
(3) The industry member’s cost for acquiring the merchandise appears in that industry member’s invoices or other records;
(4) The sale of merchandise is itemized separately from the sale of alcoholic beverages; and
(5) No equipment, as referenced in subsection 61A-1.010(1), F.A.C., or vehicles may be sold as merchandise.
Rulemaking Authority 561.11, 561.42 FS. Law Implemented 561.08, 561.42 FS. History-New 9-16-10.