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A New Tax System (Goods and Services Tax) Act 1999
80‑1 What this Division is about80‑1 What this Division is about
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80‑1 What this Division is about
A series of adjustments arise if, under an arrangement, an operator of a compulsory third party scheme settles a claim, arising from one or more accidents or other incidents, covered by the arrangement and other operators are obliged to contribute payments to that operator in respect of the settlement.
Table of Subdivisions
80‑A Insurance policy settlement sharing arrangements
80‑B Nominal defendant settlement sharing arrangements
80‑C Hybrid settlement sharing arrangements