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

51   Paragraph 8(5)(c) of Schedule 1

Omit "ABR expenditure years that is not expenditure to which that class 2 augmented bond rate", substitute "standard uplift expenditure years that is not expenditure to which that class 2 uplifted".