Petroleum Resource Rent Tax Assessment Amendment Regulation 2013 (No. 1) (154 of 2013)

Schedule 1  

Petroleum Resource Rent Tax Assessment Regulations 2005

25   Regulation 3 (definition of upstream stage )

Repeal the definition, substitute:

upstream stage :

(a) of an integrated operation for the purposes of calculating assessable petroleum receipts relating to sales gas: see subregulation 5(1); and

(b) of an integrated operation for the purposes of calculating assessable petroleum receipts relating to natural gas: see subregulation 5(4).