(1) For the purposes of this Act, “taxable activity” means an activity which is carried on continuously or regularly by any person in Saint Lucia or partly in Saint Lucia whether or not for profit, that involves or intends to involve, in whole or in part, the supply of taxable goods or services to another person for consideration.
(2) Taxable activity does not include —
(a) an activity carried on by a natural person essentially as a private recreational pursuit or hobby or an activity carried on by a person other than a natural person which would, if carried on by a natural person, be carried on essentially as a private recreational pursuit or hobby;
(b) an activity to the extent that the activity involves the making of exempt supplies; or
(c) an activity of the State or a local authority, except when it conducts auctions, hires equipment, rents space, sells medicine and drugs, or when it engages in activity commonly conducted for profit.
(3) Anything done in connection with the commencement or termination of a taxable activity is treated as carried out in the course or furtherance of that taxable activity.
(4) Subject to subsection (5), a supply is made for consideration if the supplier directly or indirectly receives a payment for the supply from the recipient or any other person, including a payment wholly or partly in money or kind.
(5) A supply made for consideration includes —
(a) a supply made between related persons for no consideration;
(b) a supply of goods for use only as trade samples; or
(c) a supply referred to in section 4(6) or (18).
(6) Taxable activity includes a supply of public entertainment.