PETROLEUM RESOURCE RENT TAX ASSESSMENT REGULATIONS 2005 (REPEALED)
A capital cost for an integrated operation is augmented for a number of years by applying the formula:
| Capital cost × (1 + Capital allowance) N |
where:
(a) for subregulation 33(2) - the capital allowance for the final cost year; and
(b) for subregulation 34(3) - the capital allowance for the production year; and
(c) for subregulation 35(3) - the capital allowance for the production year; and
(d) for paragraph 35(4)(a) - the capital allowance for the MPC production year.
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