Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 80.75

Adjustment events relating to managing operator's payment or supply

    Division   19 applies in relation to an * increasing adjustment that the * managing operator has under section   80 - 70 as a result of the making of a * managing operator's payment or supply as if:

  (a)   the * contributing operator's payment were * consideration for a * taxable supply made by the managing operator; and

  (b)   the adjustment were the GST payable on the taxable supply; and

  (c)   any changes made to those payments were a change in the consideration for the supply.


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