Taxation Laws Amendment Act (No. 6) 2003 (67 of 2003)
Schedule 11 GST amendments relating to compulsory third party schemes
A New Tax System (Goods and Services Tax) Act 1999
33 Section 195-1 (table item 4AA of the definition of increasing adjustment )
Repeal the table item, substitute:
|
4AA |
Section 78-18 (including as it applies in accordance with Subdivision 79-B or Division 80) |
Payments of excess etc. under insurance policies or *compulsory third party schemes |
|
4AB |
Subsection 79-10(2) (including as it applies in accordance with Division 80) |
*Increasing adjustments under *compulsory third party schemes |
|
4AC |
Section 79-55 (including as it applies in accordance with Division 80) |
*Increasing adjustments under *compulsory third party schemes |
|
4AD |
Section 80-30 |
*Increasing adjustments under *insurance policy settlement sharing arrangements |
|
4AE |
Section 80-70 |
*Increasing adjustments under *nominal defendant settlement sharing arrangements |