Commonwealth Consolidated Acts

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A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 78.110

Effect of judgments and court orders

                   If:

                     (a)  an entity makes one or more of the following:

                              (i)  a payment of * money;

                             (ii)  a payment of * digital currency;

                            (iii)  a supply;

                            in compliance with a judgment or order of a court relating to:

                            (iv)  a claim under an * insurance policy; or

                             (v)  a claim by an insurer in exercising rights of subrogation in respect of an insurance policy; or

                            (vi)  a claim for compensation under a * statutory compensation scheme; and

                     (b)  had the payment or supply been made in the absence of such a judgment or order, it would have been a payment or supply made in settlement of the claim;

the payment or supply is treated as having been made in settlement of the claim.



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