Petroleum Resource Rent Tax Assessment Amendment Act 2012 (18 of 2012)
Schedule 3 Deductible expenditure
Petroleum Resource Rent Tax Assessment Act 1987
4 Section 2
Insert:
production licence notice , in relation to a petroleum project, means:
(a) a notice issued under subsection 258(7) of the Offshore Petroleum and Greenhouse Gas Storage Act 2006 in relation to the project; or
(b) a notice issued by a State or Territory authority that specifies the day that sufficient information has been provided to determine the application for the production licence in relation to the project.
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