CTHIn ForceAct
A New Tax System (Goods and Services Tax) Act 1999
78‑25 Supplies in settlement of claims a78‑25 Supplies in settlement of claims are not taxable supplies
Start here
Get a plain-English read of 78‑25 Supplies in settlement of claims a
Turn the raw legal text into a practical explanation grounded in A New Tax System (Goods and Services Tax) Act 1999.
78‑25 Supplies in settlement of claims are not taxable supplies
(1) A supply that an insurer makes in settlement of a claim under an *insurance policy is not a *taxable supply. (2) This section has effect despite section 9‑5 (which is about what are taxable supplies).