Treasury Laws Amendment (Modernising Business Communications and Other Measures) Act 2023 (69 of 2023)

Schedule 4   Miscellaneous and technical amendments

Part 2   Amendments commencing first day of next quarter

Division 1   Asterisking

A New Tax System (Goods and Services Tax) Act 1999
110   Amendments of listed provisions relating to asterisking - definition of increasing adjustment in section 195-1

The items of the table in the definition of increasing adjustment in section 195-1 listed in the following table are amended as set out in the table.

Amendments relating to asterisking

     

Item

Table item

Omit

Substitute

1

Item 4AAA

*real property under the *margin scheme

real property under the margin scheme

2

Item 4AA

*compulsory third party schemes

compulsory third party schemes

3

Item 4AB

*Increasing adjustments under *compulsory third party schemes

Increasing adjustments under compulsory third party schemes

4

Item 4AC

*Increasing adjustments under *compulsory third party schemes

Increasing adjustments under compulsory third party schemes

5

Item 4AD

*Increasing adjustments under *insurance policy settlement sharing arrangements

Increasing adjustments under insurance policy settlement sharing arrangements

6

Item 4AE

*Increasing adjustments under *nominal defendant settlement sharing arrangements

Increasing adjustments under nominal defendant settlement sharing arrangements