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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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