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

Schedule 2   Removing onshore projects from the petroleum resource rent tax

Part 1   Amendment of the Petroleum Resource Rent Tax Assessment Act 1987

Petroleum Resource Rent Tax Assessment Act 1987

45   Paragraph 35E(1)(a)

Repeal the paragraph, substitute:

(a) in relation to the starting base financial year for the project - the person's starting base amount in relation to the interest; or