Tax Laws Amendment (2012 Measures No. 6) Act 2013 (84 of 2013)
Schedule 3 Geothermal energy
Income Tax Assessment Act 1997
22 After subsection 40-730(7)
(7A) Geothermal energy resources means matter occurring naturally within the Earth and containing energy as heat.
(7B) Geothermal energy extraction means operations that are for:
(a) the extraction of energy from *geothermal energy resources; and
(b) the *purpose of producing assessable income.