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Income Tax Assessment Act 1997
17‑20 GST groups and GST joint ventures17‑20 GST groups and GST joint ventures
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17‑20 GST groups and GST joint ventures
(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 paragraph 48‑40(2)(a) and subsection 48‑40(3)) 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 (other than subsections 51‑30(2) and (3)) did not apply to that participant.