MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)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 220-5
220-5
PARTNERSHIPS
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 partner in a * partnership is taken:
(a) to be an act or omission of the partnership; and
(b) not to be an act or omission of the partner or any other partner of the partnership.
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 partner in a * partnership is taken:
(a) to be an act or omission of the partnership; and
(b) not to be an act or omission of the partner or any other partner of the partnership.
Note:
Section 444-30 in Schedule 1 to the Taxation Administration Act 1953 deals with the liability of partners for the obligations imposed on a partnership under the MRRT law.
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