Commonwealth Numbered Acts

[Index] [Table] [Search] [Search this Act] [Notes] [Noteup] [Previous] [Next] [Download] [Help]

DEVELOPMENT ALLOWANCE AUTHORITY ACT 1992 No. 99 of 1992 - SECT 13

Joint venture projects
13.(1) For the purposes of this Act, if, assuming that the parties to a joint
venture were partners in a partnership, the partnership would be taken to
carry out a project in Australia, the project is taken to be a joint
venture project.

(2) For the purposes of this Act, the part of a joint venture project carried
out by an entity who is a party to the joint venture is taken to be a project
carried out by the entity in Australia. Example:
JOINT VENTURE PROJECT
      entity A's                  entity B's

      project =                   project =

   entity A's part of             entity B's part of

   the joint venture project      the joint venture project


(3) Subsection (2) has effect in spite of section 7. 


AustLII: Copyright Policy | Disclaimers | Privacy Policy | Feedback