Petroleum Resource Rent Tax Assessment Regulations 2005

3

Amended by:

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Petroleum Resource Rent Tax Assessment Amendment Regulation 2013 (No. 1) (registered 28/06/2013)

Explanatory Statement

4-Sch1-Cl1

Commenced	Action	Note
30/06/2013	Amend	Inserted definition 'actual mass of project natural gas'

4-Sch1-Cl10

Commenced	Action	Note
30/06/2013	Amend	Inserted definition 'integrated GTE operation'

4-Sch1-Cl11

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'integrated GTL operation

4-Sch1-Cl12

Commenced	Action	Note
30/06/2013	Amend	Inserted definition ' integrated operation'

4-Sch1-Cl13

Commenced	Action	Note
30/06/2013	Amend	Inserted definition 'mass coefficient'

4-Sch1-Cl14

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'MPC production year'

4-Sch1-Cl15

Commenced	Action	Note
30/06/2013	Amend	Inserted definition 'non-arm's length transaction'

4-Sch1-Cl16

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'operating life'

4-Sch1-Cl17

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'production date'

4-Sch1-Cl18

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'production year

4-Sch1-Cl19

Commenced	Action	Note
30/06/2013	Amend	Inserted definition 'project electricity'

4-Sch1-Cl2

Commenced	Action	Note
30/06/2013	Amend	Substituted definition 'actual volume of project natural gas'

4-Sch1-Cl20

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'project natural gas'

4-Sch1-Cl21

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'project product'

4-Sch1-Cl22

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'project sales gas'

4-Sch1-Cl23

Commenced	Action	Note
30/06/2013	Amend	Amended definition of 'start date'

4-Sch1-Cl24

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'taxpayer'

4-Sch1-Cl25

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'upstream stage'

4-Sch1-Cl26

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'volume coefficient'

4-Sch1-Cl3

Commenced	Action	Note
30/06/2013	Amend	Inserted definition 'assessable gas'

4-Sch1-Cl4

Commenced	Action	Note
30/06/2013	Amend	Amended definition of 'capital allowance'

4-Sch1-Cl5

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'comparable uncontrolled price or CUP'

4-Sch1-Cl6

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'downstream stage'

4-Sch1-Cl7

Commenced	Action	Note
30/06/2013	Amend	Inserted definition 'estimated average annual volume of project natural gas

4-Sch1-Cl8

Commenced	Action	Note
30/06/2013	Amend	substituted definition of 'estimated average annual volume of project natural gas'

4-Sch1-Cl88

Commenced	Action	Note
30/06/2013	Amend	Amended definition of 'RPM price'
30/06/2013	Amend	Amended definition of 'participant'
30/06/2013	Amend	Amended definition of 'phase cost'
30/06/2013	Amend	Amended definition of 'phase'
30/06/2013	Amend	Amended definition of 'start date'

4-Sch1-Cl9

Commenced	Action	Note
30/06/2013	Amend	Substituted definition of 'expected operating life'