Treasury Laws Amendment (2019 Petroleum Resource Rent Tax Reforms No. 1) Act 2019 (43 of 2019)
Schedule 2 Removing onshore projects from the petroleum resource rent tax
Part 1 Amendment of the Petroleum Resource Rent Tax Assessment Act 1987
Petroleum Resource Rent Tax Assessment Act 1987
40 Section 31AA
Repeal the section, substitute:
31AA Eligible real expenditure - North West Shelf project
Despite section 45, this Division applies in relation to the North West Shelf project as if eligible real expenditure could be incurred in relation to the project at any time, including a time before 1 July 2012.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
