Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 27.25

  (1)   A * member of a * GST group is to be treated, for the purposes of this Division, as if Subdivision   48 - B of the * GST Act (other than subsections   48 - 45(3) and (4)) did not apply to that member.

  (2)   A * participant in a * GST joint venture is to be treated, for the purposes of this Division, as if Subdivision   51 - B of the * GST Act did not apply to that participant.