FUEL TAX ACT 2006

CHAPTER 4 - COMMON RULES  

PART 4-3 - SPECIAL RULES ABOUT ENTITIES  

Division 70 - Special rules about entities  

Subdivision 70-A - Special rules about entities and how they are organised  

SECTION 70-5   APPLICATION OF FUEL TAX LAW TO GST GROUPS AND JOINT VENTURES  

70-5(1)  
The entities in column 1 of the table are treated as a single entity for the purposes of the *fuel tax law.

70-5(2)  
The entity in column 2 of the table has all the rights, powers and obligations of the single entity under the *fuel tax law (instead of each entity in column 1 having those rights, powers and obligations).


Application of fuel tax law to GST groups and joint ventures
Item Column 1 Column 2
These entities are treated as a single entity for the purposes of the fuel tax law This entity has all the rights, powers and obligations of the single entity under the fuel tax law
1 The members of a *GST group The representative member of the group
2 The *participants in a *GST joint venture (to the extent that any relevant fuel is acquired, manufactured or imported in the course of activities for which the joint venture was entered into) The *joint venture operator of the joint venture

Note:

Sections 444-80 and 444-90 in Schedule 1 to the Taxation Administration Act 1953 affect the operation of this section.




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