A New Tax System (Goods and Services Tax) Act 1999
51‑50 GST returns relating to GST joint 51‑50 GST returns relating to GST joint ventures
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51‑50 GST returns relating to GST joint ventures
(1) The *joint venture operator of a *GST joint venture must, in relation to each *GST joint venture of the joint venture operator, give to the Commissioner a *GST return for each tax period applying to the joint venture operator. (2) However, while an election made by the *joint venture operator under section 51‑52 has effect, the joint venture operator must, in relation to all the *GST joint ventures for which the joint venture operator is the joint venture operator, give to the Commissioner a single *GST return for each tax period applying to the joint venture operator. (3) This section has effect despite section 31‑5 (which is about who must give GST returns).