51‑110 Adjustments after you cease to be51‑110 Adjustments after you cease to be a participant in a GST joint venture

51‑110 Adjustments after you cease to be a participant in a GST joint venture

(1) If you cease to be a participant in a GST joint venture, any *adjustment that arises afterwards in relation to a supply, acquisition or importation that the *joint venture operator made on your behalf in the course of activities for which the joint venture was entered into (other than a supply covered by subsection 51‑30(2)): (a) is an adjustment that you have; and (b) is not an adjustment of the entity that is or was the joint venture operator. (2) This section has effect despite section 51‑40 (which is about who has adjustments for a GST joint venture).