Tax and Superannuation Laws Amendment (2013 Measures No. 1) Act 2013 (88 of 2013)

Schedule 7   Miscellaneous amendments

Part 1   Resource rent taxation

Petroleum Resource Rent Tax Assessment Act 1987

87   Subparagraph 20(2)(a)(iii)

Repeal the subparagraph, substitute:

(iii) if the licence relates to an onshore petroleum project and was granted on or after 1 July 2012 - the start of 1 January 2013;

(iv) if the licence relates to an onshore petroleum project and was granted before 1 July 2012 - the start of 1 July 2013; or