Petroleum Resource Rent Tax Assessment Act 1987
Where, for the purposes of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 , petroleum recovered from a petroleum pool, within the meaning of that Act, is taken by Division 3 of Part 1.2 of that Act to have been recovered from a particular area or from particular areas in particular proportions, the petroleum shall be taken for the purposes of this Act to have been recovered from that area, or from those areas in those proportions, as the case may be.
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Hide history note3(2)
If, for the purposes of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 , petroleum recovered from a part of the seabed is taken by subsection 54(1E) of that Act to have been recovered from a particular area or from particular areas in particular proportions, the petroleum is taken for the purposes of this Act to have been recovered from that area, or from those areas in those proportions, as the case may be.
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