Document ID: chunk:federal_register_of_legislation:C2010A00074:clause:1_44:p4
Version: federal_register_of_legislation:C2010A00074
Segment Type: clause
Provision Reference: sch 1 cl 44 (pt 4/5)
Character Range: 43644–46233

of that Act as amended by this Act, for the Commissioner to approve that date of effect as the day on which the approval or revocation took effect; and
 (e) if the Commissioner decides, under that section as so amended, to approve that day or another day—then, on that day or on that other day, the joint venture is taken to continue in existence as if:
 (i) the Commissioner has been notified, in accordance with section 51‑70 of that Act as so amended, that the corresponding action referred to in paragraph 51‑70(1)(a), (b) or (c) of that Act as so amended has been taken; and
 (ii) the action took effect on that day.

Revocation of approval of GST joint ventures applied for, but revocation not approved, before commencement
(7) If:
 (a) before the commencement of this item, the joint venture operator of a GST joint venture applied, in accordance with section 51‑75 of the A New Tax System (Goods and Services Tax) Act 1999, for the Commissioner to revoke the approval of the joint venture as a GST joint venture; and
 (b) the application did not contain a request (however described) for the Commissioner to decide under section 51‑85 of that Act, as a date of effect of the revocation, a date occurring before the date of that commencement; and
 (c) the Commissioner did not revoke the approval as requested in the application, and did not refuse the application, before that commencement;
then, on the date of effect specified in the application, the GST joint venture is taken to be dissolved as if the Commissioner has been notified, in accordance with section 51‑70 of that Act as amended by this Act, that the action referred to in paragraph 51‑70(1)(d) of that Act as so amended has been taken.
(8) If:
 (a) before the commencement of this item, the joint venture operator of a GST joint venture applied, in accordance with section 51‑75 of the A New Tax System (Goods and Services Tax) Act 1999, for the Commissioner to revoke the approval of the joint venture as a GST joint venture; and
 (b) the application contained a request (however described) for the Commissioner to decide under section 51‑85 of that Act, as a date of effect of the revocation, a date occurring before the date of that commencement; and
 (c) the Commissioner did not revoke the approval as requested in the application, and did not refuse the application, before that commencement;
then:
 (d) an application is taken to have been made to the Commissioner, under section 51‑75 of that Act as amended by this Act, for the Commissioner to approve that date of effect as the day on which the revocation