Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 79.90

  (1)   If:

  (a)   a judgment or order of a court relates to a claim for compensation under a * compulsory third party scheme; and

  (aa)   an entity makes one or more of the following in compliance with the judgment or order:

  (i)   a payment of * money;

  (ii)   a payment of * digital currency;

  (iii)   a supply; and

  (b)   had the payment or supply been made in the absence of such a judgment or order, it would have been a * CTP compensation payment or supply or a CTP ancillary payment or supply;

the payment or supply is treated as having been a CTP compensation payment or supply or a CTP ancillary payment or supply.

  (2)   If:

  (a)   a judgment or order of a court relates to a claim by an * operator of a compulsory third party scheme exercising rights to recover from an entity in respect of a settlement made under the scheme; and

  (aa)   an entity makes one or more of the following in compliance with the judgment or order:

  (i)   a payment of * money;

  (ii)   a payment of * digital currency;

  (iii)   a supply; and

  (b)   had the payment or supply been made in the absence of such a judgment or order, it would have been a settlement of a claim made in exercising rights to recover from an entity in respect of a settlement made under the scheme;

the payment or supply is treated as having been made in settlement of the operator's claim made in exercising those rights.