Petroleum Resource Rent Tax Assessment Act 1987

S 54 repealed by No 78 of 2006, s 3 and Sch 4 item 4, applicable only in relation to returns and assessments of tax, and instalments of tax, under the Petroleum Resource Rent Tax Assessment Act 1987 for financial years that start on or after 1 July 2006. S 54 formerly read:

SECTION 54 AMENDMENT OF ASSESSMENTS  
54(1)
Nothing in section 64 prevents the amendment of an assessment at any time before the end of 6 years after the date on which tax became due and payable under the assessment if the amendment is for the purpose of giving effect to subsection 53(1) as that subsection applies by virtue of paragraph 53(1)(a) or (b).

54(2)
Nothing in section 64 prevents the amendment of an assessment at any time if the amendment is for the purpose of giving effect to subsection 53(1) as that subsection applies by virtue of paragraph 53(1)(c) .