Treasury Laws Amendment (2019 Petroleum Resource Rent Tax Reforms No. 1) Act 2019 (43 of 2019)

Schedule 1   Reform of the petroleum resource rent tax

Part 2   Standard uplift expenditure

Petroleum Resource Rent Tax Assessment Act 1987

22   Section 36A (note)

Omit "before the GDP factor or the augmented bond rate is applied to the amount under Schedule 1", substitute "before the amount is further increased under Schedule 1".