Treasury Laws Amendment (2019 Petroleum Resource Rent Tax Reforms No. 1) Act 2019 (43 of 2019)

Schedule 1   Reform of the petroleum resource rent tax

Part 2   Standard uplift expenditure

Petroleum Resource Rent Tax Assessment Act 1987

13   Subsection 34A(4) (definition of Available excess)

Omit "class 2 augmented bond rate", substitute "class 2 uplifted".