A New Tax System (Goods and Services Tax) Act 1999
Note:
The special rules in this Part mainly modify the operation of Part 2-2 , but they may affect other Parts of Chapter 2 in minor ways.
Division 80 - Settlement sharing arrangements 80-1 What this Division is aboutA series of adjustments arise if, under an arrangement, an operator of a compulsory third party scheme settles a claim, arising from one or more accidents or other incidents, covered by the arrangement and other operators are obliged to contribute payments to that operator in respect of the settlement.
Table of Subdivisions
80-A | Insurance policy settlement sharing arrangements |
80-B | Nominal defendant settlement sharing arrangements |
80-C | Hybrid settlement sharing arrangements |
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