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

Schedule 2   Removing onshore projects from the petroleum resource rent tax

Part 1   Amendment of the Petroleum Resource Rent Tax Assessment Act 1987

Petroleum Resource Rent Tax Assessment Act 1987

48   Subsection 35E(4)

Omit all the words after "are references", substitute "to the earliest financial year, after 30 June 2012, in which a production licence relating to the project is in existence".