Petroleum Resource Rent Tax Assessment Act 1987
2
Amended by:
Administrative Review Tribunal (Consequential and Transitional Provisions No. 1) Act 2024 (assent 31/5/2024)
4-Sch1-Cl68
| Commenced | Action | Note |
| 14/10/2024 | Amend | Amended definition 'Tribunal' |
Treasury Laws Amendment (Tax Accountability and Fairness) Act 2024 (assent 31/5/2024)
3-Sch5-Cl1
| Commenced | Action | Note |
| 1/07/2024 | Amend | Substituted definition 'apportionment percentage figure' |
Treasury Laws Amendment (2019 Petroleum Resource Rent Tax Reforms No. 1) Act 2019 (assent 5/4/2019)
Explanatory Memorandum - REPS
Second Reading Speech - REPS
3-Sch2-Cl1
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'access authority' |
3-Sch2-Cl10
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'exploration permit area' |
3-Sch2-Cl11
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'head company' |
3-Sch2-Cl12
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'holder of a registered interest' |
3-Sch2-Cl13
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'infrastructure licence' |
3-Sch2-Cl14
| Commenced | Action | Note |
| 1/07/2019 | Amend | Repealed definition 'MEC group' |
| 1/07/2019 | Amend | Repealed definition 'member' |
| 1/07/2019 | Amend | Repealed definition 'onshore area' |
| 1/07/2019 | Amend | Repealed definition 'onshore petroleum project' |
3-Sch2-Cl15
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'pipeline licence' |
3-Sch2-Cl16
| Commenced | Action | Note |
| 1/07/2019 | Amend | Amended definition 'post-30 June 2008 petroleum project' |
3-Sch2-Cl17
| Commenced | Action | Note |
| 1/07/2019 | Amend | Amended definition 'production licence' |
3-Sch2-Cl18
| Commenced | Action | Note |
| 1/07/2019 | Amend | Amended definition 'production licence' |
3-Sch2-Cl2
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'acquisition' |
3-Sch2-Cl20
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'production licence area' |
3-Sch2-Cl21
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'production licence notice' |
3-Sch2-Cl22
| Commenced | Action | Note |
| 1/07/2019 | Amend | Repealed definition 'provisional head company' |
3-Sch2-Cl23
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'registered holder' |
3-Sch2-Cl24
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'retention lease' |
3-Sch2-Cl25
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'retention lease area' |
3-Sch2-Cl26
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'starting base amount' |
3-Sch2-Cl27
| Commenced | Action | Note |
| 1/07/2019 | Amend | Repealed definition 'starting base asset' |
| 1/07/2019 | Amend | Repealed definition 'subsidiary member' |
| 1/07/2019 | Amend | Repealed definition 'value' |
3-Sch2-Cl3
| Commenced | Action | Note |
| 1/07/2019 | Amend | Amended definition 'applicable commencement date' |
3-Sch2-Cl5
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'block' |
3-Sch2-Cl6
| Commenced | Action | Note |
| 1/07/2019 | Amend | Repealed definition 'consolidated group' |
| 1/07/2019 | Amend | Repealed definition 'created' |
3-Sch2-Cl7
| Commenced | Action | Note |
| 1/07/2019 | Amend | Amended definition 'eligible real expenditure' |
3-Sch2-Cl77
| Commenced | Action | Note |
| 1/07/2019 | Repeal | "Repealed definition 'miningquarrying or prospecting information'" |
| 1/07/2019 | Repeal | Repealed definition 'CGT asset' |
| 1/07/2019 | Repeal | Repealed definition 'accounting standard' |
| 1/07/2019 | Repeal | Repealed definition 'arrangement' |
| 1/07/2019 | Repeal | Repealed definition 'auditing standard' |
| 1/07/2019 | Repeal | Repealed definition 'cost base' |
| 1/07/2019 | Repeal | Repealed definition 'depreciating asset' |
| 1/07/2019 | Repeal | Repealed definition 'entity' |
| 1/07/2019 | Repeal | Repealed definition 'hold' |
| 1/07/2019 | Repeal | Repealed definition 'interim expenditure' |
| 1/07/2019 | Repeal | Repealed definition 'market value' |
| 1/07/2019 | Repeal | Repealed definition 'project activity' |
| 1/07/2019 | Repeal | Repealed definition 'starting base return' |
3-Sch2-Cl8
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'excluded fee' |
3-Sch2-Cl9
| Commenced | Action | Note |
| 1/07/2019 | Amend | Substituted definition 'exploration permit' |
Treasury Legislation Amendment (Repeal Day) Act 2015 (assent 25/02/2015)
Explanatory Memorandum - REPS
Second Reading Speech - REPS
3-Sch2-Cl88
| Commenced | Action | Note |
| 25/02/2015 | Amend | Substituted definition of 'assessment' |
3-Sch4-Cl70
| Commenced | Action | Note |
| 25/02/2015 | Amend | Substituted definition of 'Australia' |
Minerals Resource Rent Tax Repeal and Other Measures Act 2014 (assent 5/09/2014)
Explanatory Memorandum - REPS
Suplementary Explanatory Memorandum - SEN
Second Reading Speech - REPS
3-Sch1-Cl48
| Commenced | Action | Note |
| 30/09/2014 | Amend | Amended definition of 'petroleum' |
Tax and Superannuation Laws Amendment (2013 Measures No. 1) Act 2013 (assent 28/06/2013)
Explanatory Memorandum - REPS
Second Reading Speech - REPS
3-Sch7-Cl77
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'acquisition' |
3-Sch7-Cl78
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of created' |
3-Sch7-Cl79
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'notional tax amount' |
Petroleum Resource Rent Tax Assessment Amendment Act 2012 (assent 29/03/2012)
Explanatory Memorandum - REPS
Second Reading Speech - REPS
3-Sch1-Cl1
| Commenced | Action | Note |
| 1/07/2012 | Substitute | Substituted definition of 'access authority' |
3-Sch1-Cl10
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'infrastructure licence' |
3-Sch1-Cl11
| Commenced | Action | Note |
| 1/07/2012 | Amend | Amended definition of 'marketable petroleum commodity' |
3-Sch1-Cl12
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'northwest shelf project' |
3-Sch1-Cl13
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'oil shale' |
3-Sch1-Cl14
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'onshore area' |
3-Sch1-Cl15
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'onshore petroleum project' |
3-Sch1-Cl16
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'petroleum' |
3-Sch1-Cl17
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'pipeline notice' |
3-Sch1-Cl18
| Commenced | Action | Note |
| 1/07/2012 | Amend | Amended definition of 'pre-combination project' |
3-Sch1-Cl19
| Commenced | Action | Note |
| 1/07/2012 | Amend | Amended definition of 'production licence' |
3-Sch1-Cl2
| Commenced | Action | Note |
| 1/07/2012 | Amend | Amended definition of 'applicable commencement date' |
3-Sch1-Cl20
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'production licence area' |
3-Sch1-Cl21
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'registered holder' |
3-Sch1-Cl22
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'retention lease' |
3-Sch1-Cl23
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'retention lease area' |
3-Sch1-Cl3
| Commenced | Action | Note |
| 1/07/2012 | Amend | Amended definition of 'applicable commencement date' |
3-Sch1-Cl4
| Commenced | Action | Note |
| 1/07/2012 | Substitute | Substituted definition of 'block' |
3-Sch1-Cl5
| Commenced | Action | Note |
| 1/07/2012 | Amend | Omitted definition of 'eligible production licence' |
3-Sch1-Cl6
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'excluded fee' |
3-Sch1-Cl7
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'exploration permit' |
3-Sch1-Cl8
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'exploration permit area' |
3-Sch1-Cl9
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'holder of a registered interest' |
3-Sch3-Cl1
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'Aboriginal person' |
3-Sch3-Cl2
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'Australian law' |
3-Sch3-Cl3
| Commenced | Action | Note |
| 1/07/2012 | Amend | Amended definition of 'eligible real expenditure' |
3-Sch3-Cl4
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'production licence notice' |
3-Sch3-Cl5
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'Torres Strait Islander' |
3-Sch4-Cl18
| Commenced | Action | Note |
| 1/07/2012 | Amend | Amended definition of 'long term bond rate' |
3-Sch4-Cl19
| Commenced | Action | Note |
| 1/07/2012 | Amend | Amended definition of 'long term bond rate' |
3-Sch4-Cl2
| Commenced | Action | Note |
| 1/07/2012 | Amend | Amended definition of 'eligible real expenditure' |
3-Sch4-Cl20
| Commenced | Action | Note |
| 1/07/2012 | Amend | Amended definition of 'long term bond rate' |
3-Sch4-Cl21
| Commenced | Action | Note |
| 1/07/2012 | Amend | Amended definition of 'post-30 June 2008 petroleum project' |
3-Sch4-Cl22
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'pre-licence area' |
3-Sch4-Cl23
| Commenced | Action | Note |
| 1/07/2012 | Amend | Amended definition of 'transferable exploration expenditure' |
3-Sch4-Cl3
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'starting base amount' |
3-Sch4-Cl4
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'starting base asset' |
3-Sch4-Cl5
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'value' |
3-Sch5-Cl10
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'member' |
3-Sch5-Cl11
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of provisional head company' |
3-Sch5-Cl12
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'subsidiary member' |
3-Sch5-Cl6
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'consolidated group; |
3-Sch5-Cl7
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'created' |
3-Sch5-Cl8
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'head company' |
3-Sch5-Cl9
| Commenced | Action | Note |
| 1/07/2012 | Amend | Inserted definition of 'MEC group' |
3-Sch6-Cl9
| Commenced | Action | Note |
| 1/07/2012 | Amend | Substituted definition of 'tax' |
Tax Laws Amendment (2011 Measures No. 8) Act 2011 (assent 29/11/2011)
Explanatory Memorandum - REPS
Second Reading Speech - REPS
3-Sch2-Cl1
| Commenced | Action | Note |
| 29/11/2011 | Amend | Substitute definition 'marketable petroleum commodity' |
Clean Energy (Consequential Amendments) Act 2011 (assent 18/11/2011)
Explanatory Memorandum - REPS
Second Reading Speech - REPS
3-Sch2-Cl1
| Commenced | Action | Note |
| 29/11/2011 | Substitute | Substitute definition 'marketable petroleum commodity' |
Offshore Petroleum and Greenhouse Gas Storage Legislation Amendment Act 2009 (assent 8/10/2009)
Explanatory Memorandum - REPS
Second Reading Speech - REPS
3-Sch1-Cl68
| Commenced | Action | Note |
| 9/10/2009 | Amend | Amended definition of 'infrastructure licence' |
Tax laws Amendment (2009 Measures No. 4) Act 2009 (assent 18/09/2009)
Explanatory Memorandum - REPS
Explanatory Memorandum - SEN
Second Reading Speech - REPS
3-Sch5-Cl209
| Commenced | Action | Note |
| 18/09/2009 | Amend | Omitted definition of 'certifying Minister' |
3-Sch5-Cl210
| Commenced | Action | Note |
| 18/09/2009 | Amend | Inserted definition of 'Resources Department' |
3-Sch5-Cl211
| Commenced | Action | Note |
| 18/09/2009 | Amend | Inserted definition of 'Resources Minister' |
Offshore Petroleum Amendment (Greenhouse Gas Storage) Act 2008 (assent 21/11/2008)
3-Sch2-Cl59
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'access authority' |
3-Sch2-Cl60
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'exploration permit' |
3-Sch2-Cl61
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'exploration permit area' |
3-Sch2-Cl62
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'production licence' |
3-Sch2-Cl63
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'production licence area' |
3-Sch2-Cl64
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'retention lease' |
3-Sch2-Cl65
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'retention lease area' |
3-Sch3-Cl33
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'access authority' |
3-Sch3-Cl34
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'block' |
3-Sch3-Cl35
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'certifying Minister' |
3-Sch3-Cl36
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'designated frontier expenditure' |
3-Sch3-Cl37
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'excluded fee' |
3-Sch3-Cl38
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'exploration permit' |
3-Sch3-Cl39
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'exploration permit area' |
3-Sch3-Cl39A
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'Greater Sunrise unit area' |
3-Sch3-Cl39B
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'Greater Sunrise unit reservoirs' |
3-Sch4-Cl6
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'excluded fee' |
3-Sch4-Cl7
| Commenced | Action | Note |
| 22/11/2008 | Amend | Amended definition of 'holder of a registered interest' |
Offshore Petroleum Amendment (Greater Sunrise) Act 2007 (assent 10/04/2007)
Explanatory Memorandum - REPS
Second Reading Speech - REPS
3-Sch1-Cl88
| Commenced | Action | Note |
| 01/07/2008 | Amend | Amended definition of 'Greater Sunrise unit area' |
3-Sch1-Cl89
| Commenced | Action | Note |
| 01/07/2008 | Amend | Amended definition of 'Greater Sunrise unit reservoirs' |
3-Sch1-Cl90
| Commenced | Action | Note |
| 01/07/2008 | Amend | Substituted definition of 'production licence' |
3-Sch1-Cl91
| Commenced | Action | Note |
| 01/07/2008 | Amend | Substituted definition of 'production licence area' |
3-Sch1-Cl92
| Commenced | Action | Note |
| 01/07/2008 | Amend | Amended definition of 'Western Greater Sunrise area' |
Statute Law Revision Act 2007 (assent 15/03/2007)
3-Sch4-cl22
| Commenced | Action | Note |
| 15/03/2007 | Amend | Amended definition of 'trustee' |
Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 (assent 14/09/2006)
Explanatory Memorandum - REPS
Second Reading Speech - REPS
3-Sch2-Cl1041
| Commenced | Action | Note |
| 14/09/2006 | Amend | Amended definition of 'general interest charge' |
Petroleum Resource Rent Tax Assessment Amendment Act 2006 (assent 30/06/2006)
Explanatory Memorandum - REPS
Second Reading Speech - REPS
3-Sch1-Cl1
| Commenced | Action | Note |
| 1/07/2006 | Amend | Inserted definition of 'annual transfer' |
3-Sch1-Cl2
| Commenced | Action | Note |
| 1/07/2006 | Amend | Inserted definition of 'instalment transfer' |
3-Sch1-Cl3
| Commenced | Action | Note |
| 1/07/2006 | Amend | Inserted definition of 'instalment transfer charge period' |
3-Sch1-Cl4
| Commenced | Action | Note |
| 1/07/2006 | Amend | Inserted definition of 'instalment transfer excess' |
3-Sch1-Cl5
| Commenced | Action | Note |
| 1/07/2006 | Amend | Inserted definition of 'instalment transfer interest charge' |
3-Sch1-Cl6
| Commenced | Action | Note |
| 1/07/2006 | Amend | Inserted definition of 'liable person' |
3-Sch3-Cl1
| Commenced | Action | Note |
| 1/07/2006 | Amend | Inserted definition of 'future closing-down expenditure' |
3-Sch3-Cl2
| Commenced | Action | Note |
| 1/07/2006 | Amend | Inserted definition of 'infrastructure licence' |
3-Sch3-Cl3
| Commenced | Action | Note |
| 1/07/2008 | Amend | Substituted definition of 'infrastructure licence' |
3-Sch3-Cl4
| Commenced | Action | Note |
| 1/07/2006 | Amend | Inserted definition of 'licensed property' |
3-Sch4-Cl1
| Commenced | Action | Note |
| 1/07/2006 | Amend | Amended definition of 'assessment' |
3-Sch4-Cl2
| Commenced | Action | Note |
| 1/07/2006 | Amend | Inserted definition of 'related charge' |
3-Sch4-Cl3
| Commenced | Action | Note |
| 1/07/2006 | Amend | Inserted definition of 'shortfall interest charge' |
Offshore Petroleum (Repeals and Consequential Amendments) Act 2006 (assent 29/03/2006)
Explanatory Memorandum - REPS
Second Reading Speech - REPS
3-Sch2-Cl73
| Commenced | Action | Note |
| 1/7/2008 | Amend | Substituted definition of 'access authority' |
3-Sch2-Cl74
| Commenced | Action | Note |
| 1/7/2008 | Amend | Amended definition of 'block' |
3-Sch2-Cl75
| Commenced | Action | Note |
| 1/7/2008 | Amend | Amended definition of 'certifying Minister' |
3-Sch2-Cl76
| Commenced | Action | Note |
| 1/7/2008 | Amend | Amended definition of 'designated frontier expenditure' |
3-Sch2-Cl77
| Commenced | Action | Note |
| 1/7/2008 | Amend | Substituted definition of 'excluded fee' |
3-Sch2-Cl78
| Commenced | Action | Note |
| 1/7/2008 | Amend | Substituted definition of 'exploration permit' |
3-Sch2-Cl79
| Commenced | Action | Note |
| 1/7/2008 | Amend | Substituted definition of 'exploration permit area' |
3-Sch2-Cl80
| Commenced | Action | Note |
| 1/7/2008 | Amend | Amended definition of 'holder of a registered interest' |
3-Sch2-Cl81
| Commenced | Action | Note |
| 1/7/2008 | Amend | Amended definition of 'petroleum' |
3-Sch2-Cl82
| Commenced | Action | Note |
| 1/7/2008 | Amend | Substituted definition of 'pipeline licence' |
3-Sch2-Cl83
| Commenced | Action | Note |
| 1/7/2008 | Amend | Substituted definition of 'production licence' |
3-Sch2-Cl84
| Commenced | Action | Note |
| 1/7/2008 | Amend | Substituted definition of 'production licence area' |
3-Sch2-Cl85
| Commenced | Action | Note |
| 1/7/2008 | Amend | Amended definition of 'registered holder' |
3-Sch2-Cl86
| Commenced | Action | Note |
| 1/7/2008 | Amend | Substituted definition of 'retention lease' |
3-Sch2-Cl87
| Commenced | Action | Note |
| 1/7/2008 | Amend | Substituted definition of 'retention lease area' |
Taxation Laws Amendment Act (No. 6) 2001 (assent 1/10/2001)
Explanatory Memorandum - REPS
Revised Explanatory Memorandum - SEN
Explanatory Memorandum - REPS
Second Reading Speech - REPS
3-Sch1
| Commenced | Action | Note |
| 1/04/2002 | Amend | Substituted definition of 'sales gas' |
Public Employment (Consequential and Transitional) Amendment Act 1999 (assent 11/11/1999)
Supplementary Explanatory Memorandum - REPS
Second Reading Speech - REPS
3-Sch1
| Commenced | Action | Note |
| 05/12/1999 | Amend | Amended definition of 'officer' |