Commonwealth Consolidated Acts

A NEW TAX SYSTEM (LUXURY CAR TAX) ACT 1999 - SECT 16.20

  (1)   Any * luxury car tax adjustment relating to any supply or * importation that the * joint venture operator of a * GST joint venture makes, on behalf of another * participant in the joint venture, in the course of activities for which the joint venture was entered into is to be treated as if:

  (a)   the other participant did not have the adjustment; and

  (b)   the joint venture operator had the adjustment.

  (2)   This section has effect despite section   13 - 10 (which is about the effect of * luxury car tax adjustments on net amounts).