Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 80.90

                   If:

                     (a)  the entity that is the * managing operator of the * hybrid settlement sharing arrangement is a party to that arrangement because it is also the managing operator of a * nominal defendant settlement sharing arrangement; and

                     (b)  the entity makes a payment or supply that, as a result of section 80-85, is a * managing operator's payment or supply under the hybrid settlement sharing arrangement;

then:

                     (c)  Subdivision 80-A does not have any other effect in relation to the payment or supply in accordance with section 80-85; but

                     (d)  Subdivision 80-B (other than section 80- 45) applies in relation to the payment or supply as if it were a managing operator's payment or supply under the nominal defendant settlement sharing arrangement and the entity were not party to the hybrid settlement sharing arrangement.