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

Schedule 4   Self-assessment

Part 1   Amendments

Taxation Administration Act 1953

26   After subsection 14ZW(1A)

Insert:

(1AA) The person cannot lodge a taxation objection against a private ruling that relates to a year of tax and a petroleum project under the Petroleum Resource Rent Tax Assessment Act 1987 after the end of whichever of the following ends last:

(a) the 60 days after the ruling was made;

(b) the 4 years after the last day allowed to the person for lodging a return in relation to the year of tax and the project.