79‑75 Adjustment events relating to incr79‑75 Adjustment events relating to increasing adjustments under section 79‑55

79‑75 Adjustment events relating to increasing adjustments under section 79‑55

Division 19 applies in relation to an *increasing adjustment that an *operator of a *compulsory third party scheme has under section 79‑55 as if: (a) payments of excess to which the adjustment relates were *consideration for a *taxable supply that the operator made; and (b) the adjustment were the GST payable on the taxable supply; and (c) any refunds made by the operator of any of those payments of excess were reductions in the consideration for the supply.