Document ID: chunk:federal_register_of_legislation:C2006C00496:clause:7_13
Version: federal_register_of_legislation:C2006C00496
Segment Type: clause
Provision Reference: sch 7 cl 13
Character Range: 57144–57655

13  After subsection 51‑50(2)
Insert:

 (2A) However, while an election made by the *joint venture operator under section 51‑52 has effect:
 (a) 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; and
 (b) the *net amount stated in such a return must be the net amount relating to all those *GST joint ventures.