Petroleum Resource Rent Tax Assessment Amendment Act 2012 (18 of 2012)

Schedule 2   Assessable receipts

Part 2   Amendments commencing on Proclamation

Petroleum Resource Rent Tax Assessment Act 1987

16   At the end of subsection 24(1)

Add:

; and (f) where:

(i) any project natural gas (within the meaning of the regulations) recovered from the project is or has been sold; and

(ii) the regulations apply to the project natural gas;

the amount worked out in accordance with the regulations.