Petroleum Resource Rent Tax Assessment Act 1987

PART VIII - COLLECTION AND RECOVERY OF TAX  

Division 2 - Collection by instalments  

[ CCH Note: No 18 of 2012, s 3 and Sch 1 item 46 contains the following transitional provision:

46 Transitional  
46
Division 2 of Part VIII of the Petroleum Resource Rent Tax Assessment Act 1987 (collection by instalments) does not apply, in respect of the year of tax commencing on 1 July 2012, in relation to an onshore petroleum project or the North West Shelf project.]

SECTION 93   INTERPRETATION  

93(1)    

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In sections 85 , 92 and 109 , but not in any other section of this Act, tax includes an instalment of tax payable under this Division.

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History

S 93(1) amended by No 43 of 2019, s 3 and Sch 2 item 69, by omitting " 58P, " before " In sections " , effective 1 July 2019. For application, transitional and savings provisions, see note under s 31AA .

S 93(1) amended by No 88 of 2013, s 3 and Sch 7 item 135, by inserting " 58P, " , effective 1 July 2012.

S 93(1) amended by No 44 of 2000, s 3 Sch 3 item 43, by substituting ``85, 92 and 109'' for `` 84 , 85 , 86 , 87 , 92 , 109 , 110 and 111 '', effective 22 December 1999. A reference to s 84, 86, 110 or 111 in an item in Sch 2 Pt 3 of the A New Tax System (Tax Administration) Act 1999 includes a reference to the section as it had effect, before its repeal, because of subsection 93(1) of this Act.

93(2)    
The ascertainment of the notional tax amount, or the amount of any instalment of tax, in accordance with this Division shall not be deemed to be an assessment within the meaning of any of the provisions of this Act.

93(3)    
All amounts of instalments of tax shall be calculated to the nearest dollar.

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