Petroleum Resource Rent Tax Assessment Amendment Act 2006 (78 of 2006)

Schedule 4   Self-assessment

Part 1   Amendments

Petroleum Resource Rent Tax Assessment Act 1987

1   Section 2 (paragraph (a) of the definition of assessment )

Repeal the paragraph, substitute:

(a) the ascertainment of the amount of a person's taxable profit (or that a person has no taxable profit) in relation to a year of tax and a petroleum project, and of the tax payable on that amount (or that no tax is payable); or