Petroleum Resource Rent Tax Assessment Amendment Act 2006 (78 of 2006)

Schedule 3   Deducting closing-down costs for conversion of production licence to infrastructure licence

Part 1   Amendments

Petroleum Resource Rent Tax Assessment Act 1987

3   Section 2 (definition of infrastructure licence )

Repeal the definition, substitute:

infrastructure licence has the meaning given by section 6 of the Offshore Petroleum Act 2006.

Note: This item commences immediately after the commencement of Chapter 2 of the Offshore Petroleum Act 2006. See table item 4 in subsection 2(1) of this Act.