Treasury Laws Amendment (Timor Sea Maritime Boundaries Treaty) Act 2019 (59 of 2019)

Schedule 2   Other amendments

Income Tax Assessment Act 1997

18   Subsection 995-1(1)

Insert:

JPDA (short for Joint Petroleum Development Area) has the same meaning as it has in the Petroleum (Timor Sea Treaty) Act 2003.

Petroleum Exploration Permit WA-523-P permit area has the meaning given by subsection 417-10(2).

production sharing contract has the meaning given by the *Timor Sea Maritime Boundaries Treaty.