Petroleum Resource Rent Tax Assessment Amendment Act 2012 (18 of 2012)

Schedule 1   Extension to onshore projects etc.

Petroleum Resource Rent Tax Assessment Act 1987

4   Section 2 (definition of block )

Repeal the definition, substitute:

block means:

(a) in relation to an offshore area - a block within the meaning of the Offshore Petroleum and Greenhouse Gas Storage Act 2006; or

(b) in relation to an onshore area - an area (however described) referred to in another Australian law relating to exploration for, or recovery of, petroleum.