Petroleum Resource Rent Tax Assessment Regulations 2024

PART 6 - MISCELLANEOUS  

SECTION 53  

53   REVIEW OF DECISIONS - PRESCRIBED DECISIONS  
For the purposes of section 106A of the Act, a person dissatisfied with any of the following decisions under this instrument may object against it in the manner set out in Part IVC of the Taxation Administration Act 1953 :

(a)    a decision under section 13 whether a transaction is a non-arm ' s length transaction;

(b)    a decision to substitute an estimate under subsection 14(5) ;

(c)    a decision under subsection 27(1) (about comparable uncontrolled prices) that the Commissioner is not satisfied of a matter mentioned in paragraph 27(1)(a) , (b) or (c) ;

(d)    a decision under subsection 27(4) to make a particular adjustment, or not to make an adjustment, to the price obtained for a transaction;

(e)    a determination of the RPM price under section 29 ;

(f)    a determination under subsection 31(5) or 51(5) of the market value of project liquid or project electricity.