Petroleum Resource Rent Tax Assessment Amendment Act 2012 (18 of 2012)
Schedule 4 Starting base for onshore petroleum projects and the North West Shelf project
Part 1 Main amendments
Petroleum Resource Rent Tax Assessment Act 1987
17 Transitional
For the purposes of applying clause 13 of Schedule 2 to the Petroleum Resource Rent Tax Assessment Act 1987 in relation to working out the market value of a starting base asset, disregard any liability relating to receipts to which subitem 13(1) of Schedule 2 to the Petroleum Resource Rent Tax Assessment Amendment Act 2012 applies.
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