Fla. Admin. Code R. 69V-560.805
Current through Reg. 50, No. 253; December 31, 2024
For purposes of determining whether a person is engaged in the business of check cashing for which registration is required the following formula will be applied:
Compensation for Check Cashing/Foreign Currency Exchange
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Gross Income + Compensation for Check
Cashing/Foreign Currency Exchange
"Gross Income" means Gross Revenue (Sales) - Cost of Goods Sold.
Fla. Admin. Code Ann. R. 69V-560.805
Rulemaking Authority 560.105 FS. Law Implemented 560.304(2) FS.
New 9-14-04, Amended 1-13-09.