Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 79.30

Application of Division 78

  (1)   Division   78 (other than section   78 - 100), as modified by Subdivision   79 - A, applies in relation to a * CTP hybrid payment or supply as if it were a payment or supply made in settlement of a claim under the * insurance policy mentioned in paragraph   79 - 25(1)(b).

  (2)   This section does not prevent Division   78 applying to a payment or supply under a * compulsory third party scheme if the payment or supply is made in settlement of a claim under an * insurance policy.



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