Commonwealth Consolidated Acts

A NEW TAX SYSTEM (GOODS AND SERVICES TAX) ACT 1999 - SECT 86.20

  (1)   If section   86 - 5 applies to a * taxable supply but the * recipient of the supply is a * participant in a * GST joint venture and the supply is made, on the recipient's behalf, by the * joint venture operator of the GST joint venture in the course of activities for which the joint venture was entered into, the GST on the supply:

  (a)   is payable by the joint venture operator; and

  (b)   is not payable by the participant.

  (2)   This section has effect despite sections   48 - 40, 51 - 30 and 86 - 5 (which are about who is liable for GST).