Offshore Petroleum (Repeals and Consequential Amendments) Act 2006 (17 of 2006)

Schedule 2   Consequential amendments

Petroleum Resource Rent Tax Assessment Act 1987

95   Transitional - pre-commencement events and circumstances

For the purposes of the application of:

(a) thePetroleum Resource Rent Tax Assessment Act 1987 (the PRRTA Act ); or

(b) an Act with which the PRRTA Act is incorporated;

to events that occurred, and circumstances that arose, before the commencement of this item:

(c) each of the following definitions in section 2 of the PRRTA Act has effect as if the defined expression included anything that was covered by the definition as in force before the commencement of this item:

(i) the definition of access authority ;

(ii) the definition of block ;

(iii) the definition of certifying Minister ;

(iv) the definition of designated frontier expenditure ;

(v) the definition of excluded fee ;

(vi) the definition of exploration permit ;

(vii) the definition of exploration permit area ;

(viii) the definition of holder of a registered interest ;

(ix) the definition of petroleum ;

(x) the definition of pipeline licence ;

(xi) the definition of production licence ;

(xii) the definition of production licence area ;

(xiii) the definition of registered holder ;

(xiv) the definition of retention lease ;

(xv) the definition of retention lease area ; and

(d) section 3 of the PRRTA Act has effect as if:

(i) a reference in that section to theOffshore Petroleum Act 2006included a reference to the repealedPetroleum (Submerged Lands) Act 1967; and

(ii) the reference in that section to Division 3 of Part 1.2 of theOffshore Petroleum Act 2006 included a reference to section 6A of the repealedPetroleum (Submerged Lands) Act 1967; and

(e) paragraph 34A(1)(a) of the PRRTA Act has effect as if the reference in that paragraph to subsection 222(7) of theOffshore Petroleum Act 2006 included a reference to subsection 41(3) of the repealedPetroleum (Submerged Lands) Act 1967; and

(f) subsection 36B(1) of the PRRTA Act has effect as if the reference in that subsection to theOffshore Petroleum Act 2006 included a reference to the repealedPetroleum (Submerged Lands) Act 1967; and

(g) the definition of potential exploration permit area in subsection 36B(6) of the PRRTA Act has effect as if the reference in that definition to Part 2.2 of theOffshore Petroleum Act 2006 included a reference to Division 2 of Part III of the repealedPetroleum (Submerged Lands) Act 1967; and

(h) the definition of relevant pre-commencement day in clause 1 of the Schedule to the PRRTA Act has effect as if a reference in that definition to subsection 222(7) of theOffshore Petroleum Act 2006 included a reference to subsection 41(3) of the repealedPetroleum (Submerged Lands) Act 1967.