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A New Tax System (Goods and Services Tax) Act 1999
51‑55 Payments of GST relating to GST jo51‑55 Payments of GST relating to GST joint ventures
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51‑55 Payments of GST relating to GST joint ventures
(1) If the *assessed net amount relating to one or more *GST joint ventures for a tax period is greater than zero: (a) the *joint venture operator of that GST joint venture or those GST joint ventures must pay that assessed net amount to the Commissioner; and (b) Division 33 applies to payment of that amount as if it were a payment the joint venture operator was obliged to make under section 33‑3 or 33‑5 (as the case requires). (2) This section has effect despite Division 33 (which is about payments of GST).