MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
CHAPTER 4
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SPECIALIST LIABILITY RULES
PART 4-7
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ENTITIES
Division 220
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Partnerships and unincorporated associations and bodies
Operative provisions
SECTION 220-10
UNINCORPORATED ASSOCIATIONS AND BODIES
220-10(1)
For the avoidance of doubt, for the purposes of the * MRRT law , any act, or any omission, of an * entity (including any * supply , exportation or use by the entity) in the capacity of a member of the committee of management of an unincorporated association or body of entities is taken:
(a) to be an act or omission of the association or body; and
(b) not to be an act or omission of any members of the association or body.
220-10(2)
However, the * MRRT law :
(a) does not apply in relation to an unincorporated association, or body of entities, that is a joint venture; and
(b) applies instead in relation to each * entity that is a participant in that venture.
For the avoidance of doubt, for the purposes of the * MRRT law , any act, or any omission, of an * entity (including any * supply , exportation or use by the entity) in the capacity of a member of the committee of management of an unincorporated association or body of entities is taken:
(a) to be an act or omission of the association or body; and
(b) not to be an act or omission of any members of the association or body.
Note:
Subdivision 444-A in Schedule 1 to the Taxation Administration Act 1953 deals with the liability of members for the obligations imposed on an unincorporated association under the MRRT law.
220-10(2)
However, the * MRRT law :
(a) does not apply in relation to an unincorporated association, or body of entities, that is a joint venture; and
(b) applies instead in relation to each * entity that is a participant in that venture.
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