80‑35 Adjustment events relating to mana80‑35 Adjustment events relating to managing operator’s payment or supply

80‑35 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 80‑30 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.