This situation happens all the time on Wellington's one way systems. Usually it is two opposite streets converging on two lane one way system. Usually the car turing left will sit and wait in case the opposite car turning right tries to fit into its land. Technically in your example everyone can go but until all people know the road code (and how quick you are) you may end up just waiting to see which of the opposite drivers are idiots!!
"Resort to the law so exhausts finances, patience, courage, hope, so overthrows the brain and breaks the heart, that there is not one honourable lawyer who would not give the warning "Suffer any wrong rather than come here".
Charles Dickens
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