Petroleum Resource Rent Tax Assessment Act 1987
SCHEDULE 1
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PROVISIONS RELATING TO INCURRING AND TRANSFER OF EXPLORATION EXPENDITURE ON OR AFTER 1 JULY 1990
PART 1A
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SPECIAL RULES RELATING TO THE TRANSFER OF CERTAIN EXPENDITURE
4C
4C
CERTAIN NORTH WEST SHELF EXPENDITURE IS NOT TRANSFERABLE
Despite paragraphs 7(b), 8(5)(c), 11(b), 12(4)(c) and 18(3)(e) of this Schedule and subclauses 18(1) and 18(2) of this Schedule, amounts of exploration expenditure incurred, before 1 July 2012 in relation to the North West Shelf project are not transferable under section 45A , 45B or 45C .
Sections 2 , 35A , 35B , 45A , 45B and 45D
View history note
Hide history noteDespite paragraphs 7(b), 8(5)(c), 11(b), 12(4)(c) and 18(3)(e) of this Schedule and subclauses 18(1) and 18(2) of this Schedule, amounts of exploration expenditure incurred, before 1 July 2012 in relation to the North West Shelf project are not transferable under section 45A , 45B or 45C .
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