Taxation Laws Amendment Act (No. 3) 2003 (101 of 2003)
Schedule 5 Petroleum resource rent tax
Petroleum Resource Rent Tax Assessment Act 1987
12 After section 24
Insert:
24A Assessable tolling receipts
For the purposes of this Act, a reference to assessable tolling receipts derived by a person in relation to a petroleum project is a reference to the consideration receivable by the person in relation to the processing of external petroleum in relation to the project.
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