DEVELOPMENT ALLOWANCE AUTHORITY ACT 1980 (ARCHIVE)

CHAPTER 2 - DEVELOPMENT ALLOWANCE  

PART 2 - KEY CONCEPTS RELATING TO PROJECTS  

Division 2 - Joint venture projects, joint venture project schemes, company group project schemes and individual project schemes  

SECTION 13 (ARCHIVE)   JOINT VENTURE PROJECTS  

13(1)   [Partners]  

For the purposes of this Chapter, 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.

13(2)   [Entities]  

For the purposes of this Chapter, 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

JOINT VENTURE PROJECT

entity A's project = entity A's part of the joint venture project

entity B's project = entity B's part of the joint venture project

13(3)   [Effect of subsec (2)]  

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