The definitions in G.S. § 105-164.3 apply in this act. In addition, the following definitions apply in this act.
(1) Net proceeds. Gross proceeds less the cost to the county of administering and collecting the tax.
(2) Prepared food and beverages. Meals, food, and beverages which a retailer has added value to or whose state has been altered (other than solely by cooling) by preparing, combining, dividing, heating, or serving, in order to make them available for immediate consumption.
(Sess. Laws 1991, ch. 177, § 2.)