Petroleum Resource Rent Tax Assessment Amendment Act 2006 (78 of 2006)

Schedule 3   Deducting closing-down costs for conversion of production licence to infrastructure licence

Part 2   Application of amendments

9   Application

The amendments made by Part 1 of this Schedule apply only in relation to assessments of tax under the Petroleum Resource Rent Tax Assessment Act 1987 for financial years that start on or after 1 July 2006.