Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A supply of goods is not a * taxable supply if it is solely a supply made under an * insurance policy to an insurer in the course of settling a claim under the policy.
(2) In working out the value of a * taxable supply that is partly a supply of goods made under an * insurance policy to an insurer in the course of settling a claim under the policy, disregard the * consideration to the extent that it relates to the supply of those goods.
(3) This section has effect despite section 9 - 5 (which is about what are taxable supplies) and section 9 - 75 (which is about the value of taxable supplies).