Petroleum Resource Rent Tax Assessment Act 1987
PART VIII
-
COLLECTION AND RECOVERY OF TAX
Division 2
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Collection by instalments
SECTION 93
INTERPRETATION
93(1)
In sections 85 , 92 and 109 , but not in any other section of this Act, tax includes an instalment of tax payable under this Division.
93(2)
The ascertainment of the notional tax amount, or the amount of any instalment of tax, in accordance with this Division shall not be deemed to be an assessment within the meaning of any of the provisions of this Act.
93(3)
All amounts of instalments of tax shall be calculated to the nearest dollar.
[
CCH Note:
No 18 of 2012, s 3 and Sch 1 item 46 contains the following transitional provision:
46 Transitional
46
Division
2
of Part
VIII
of the
Petroleum Resource Rent Tax Assessment Act 1987
(collection by instalments) does not apply, in respect of the year of tax commencing on 1 July 2012, in relation to an onshore petroleum project or the North West Shelf project.]
In sections 85 , 92 and 109 , but not in any other section of this Act, tax includes an instalment of tax payable under this Division.
View history note
Hide history note93(2)
The ascertainment of the notional tax amount, or the amount of any instalment of tax, in accordance with this Division shall not be deemed to be an assessment within the meaning of any of the provisions of this Act.
93(3)
All amounts of instalments of tax shall be calculated to the nearest dollar.
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