Taxation Laws Amendment Act (No. 3) 2003 (101 of 2003)
Schedule 5 Petroleum resource rent tax
Petroleum Resource Rent Tax Assessment Act 1987
11 Subsection 24(2)
Insert:
petroleum from the project means any petroleum or a constituent of petroleum:
(a) that is recovered from the production licence area or areas in relation to the petroleum project in question; or
(b) that is external petroleum in relation to the project.
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