Vending machine income definition

Vending machine income means re- ceipts (other than those of a blind ven- dor) from vending machine operations on Federal property, after deducting the cost of goods sold (including rea- sonable service and maintenance costs in accordance with customary business practices of commercial vending con- cerns, where the machines are oper- ated, serviced, or maintained by, or with the approval of, a department, agency, or instrumentality of the United States, or commissions paid (other than to a blind vendor) by a commercial vending concern which op- erates, services, and maintains vending machines on Federal property for, or with the approval of, a department, agency, or instrumentality of the United States.

Vending machine income. ’ means re- ceipts (other than those of a blind licensee) from vending machine operations on Federal property, after cost of goods sold (including reasonable service and maintenance costs), where the machines are operated, serviced, or maintained by, or with the approval of, a de- partment, agency, or instrumentality of the United States, or commissions paid (other than to a blind licensee) by a commercial vending concern which operates, services, and maintains vending machines on Federal prop- erty for, or with the approval of, a depart- ment, agency, or instrumentality of the United States.

Vending machine income means the commissions or fees paid

Examples of Vending machine income in a sentence

• Vending machine income will be recovered against other operating costs.

• Vending machine income which is retained under subsection (4) of this section shall be used by the department for the establishment and maintenance of retirement or pen- sion funds, for health insurance contributions, and for the provision of paid sick leave and vacation time, for vendors, if it is so determined by a majority vote of all vendors after the department has provided to each vendor information on all matters relevant to such purposes.

• Formerly WAC 67-32-130.] WAC 67-35-140 Vending machine income disbursed by department.

• Vending machine income from vending machines on federal property received by the department and not eligible for distribution to blind vendors under the provisions of this section shall be retained by the department.

• Vending machine income disbursed by a property managing de- partment, agency or instrumentality of the United States to a State licensing agency in excess of the amounts eligi- ble to accrue to blind vendors in ac- cordance with this paragraph shall be retained by the appropriate State li- censing agency.

More Definitions of Vending machine income

Vending machine income means either of the following:

Vending machine income means proceeds from vending machine operations on federal, state, or other property where the machines are operated, serviced, or main- tained by, or with the approval of, a depart- ment, agency, or instrumentality of the Unit- ed States, Missouri, or other public or private entity. Vending machine income also includes commissions that a commercial vending com- pany pays to the nominee on proceeds from vending machines that the commercial vend- ing company operates, services, and main- tains on federal, state, or other property for, or with the approval of, a department, agen- cy, or instrumentality of the United States, the state of Missouri, or other public or pri- vate entity.

Vending machine income. ’ means re-

Vending machine income means receipts (other than those of a Blind Licensed Vendor) from vending machine operations, after deducting the cost of goods sold (including reasonable service and maintenance costs in accordance with customary business practices of commercial vending concerns).

Vending machine income means the commissions or fees paid to the State from vending machine operations on State property where the machines are operated, serviced, or maintained by, or with the approval of, a State agency by a commercial or not-for-profit vending concern that operates, services, and maintains vending machines.

Vending machine income means “vending machine income” as defined in 34 CFR 395.1(z).

Vending machine income means receipts (other than those of a licensed vendor) from vending machine operations on federal property, after deducting the cost of goods sold (including reasonable service and maintenance costs in accordance with customary business practices of commercial vend- ing concerns) where the machines are operated, serviced or maintained by, or with the approval of, a department, agency or instrumentality of the United States, or commissions paid (other than to a li- censed vendor) by a commercial vending concern which operates, services or maintains vending ma- chines on federal property for, or with the approval of, a department, agency or instrumentality of the United States.