Instructions for notification of transfer of PRRT exploration expenditure

Read these instructions before completing the Notification of transfer of petroleum resource rent tax (PRRT) exploration expenditure (NAT 9849a).

Complete a separate notification for the entity's interest in each petroleum project to which the transferring entity is transferring exploration expenditure.

All amounts on the notification need to be expressed in Australian dollars. Round down to whole-dollar amounts (do not include cents).

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refer to the Petroleum Resource Rent Tax Assessment Act 1987.

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The year of tax for PRRT begins on 1 July and ends on 30 June the following year. Insert the relevant years to signify the start and the end of the year of tax.


Exploration expenditure can only be transferred if the common ownership tests are satisfied from the time the expenditure was incurred to the date of transfer.

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Last modified: 19 Feb 2014QC 26734