Tax Laws Amendment (2009 Measures No. 3) Act 2009 (47 of 2009)

Schedule 3   Petroleum resource rent tax

Part 2   Exploration expenditure etc.

Petroleum Resource Rent Tax Assessment Act 1987

23   Subsection 5(1)

Omit "this Act (including this section)", substitute "the application of this Act (including this section) to a pre-1 July 2008 petroleum project,".

Note: The following heading to subsection 5(1) is inserted "Pre-1 July 2008 petroleum project".