16‑20 Luxury car tax adjustments16‑20 Luxury car tax adjustments

16‑20 Luxury car tax adjustments

(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).