ITAA 1997 s 321-25

Portfolio transfer of general insurance liabilities: consideration paid by taxpayer to cede outstanding claims liability

Portfolio transfer of general insurance liabilities: deduction under Division 321 for consideration paid in respect of indirect settlement costs

Portfolio transfer of general insurance liabilities: deduction for payment of claims in respect of assumed outstanding claims liabilities

Portfolio transfer of general insurance liabilities: deduction to taxpayer for consideration paid in respect of reinsurance recoveries under cancelled reinsurance contract