A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 153.25 Insurance supplied through insurance brokers
A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 153.25
Insurance supplied through insurance brokers(1) If an insurer supplies an * insurance policy through an * insurance broker acting on behalf of the * recipient of the supply, this Subdivision has effect as if the supply were made through the insurance broker as an agent of the insurer.
(2) This section does not affect the application of this
Subdivision in relation to the acquisition of the * insurance policy through
the insurance broker as an agent of the * recipient.