PETROLEUM RESOURCE RENT TAX ASSESSMENT ACT 1987
The Commissioner may amend an assessment in relation to a person within 4 years after the day on which notice of the assessment was given to the person.
If a person ' s return is taken to be an assessment under section 62 , the Commissioner is taken to have given a notice of assessment to the person on the day the person gave the return to the Commissioner: see subsection 62(4) .
In addition, the Commissioner may amend an assessment at any time:
(a) if he or she is of the opinion there has been fraud or evasion; or
(b) to give effect to a decision on a review of appeal; or
(c) as a result of an objection, or pending a review or appeal; or
(d) to give effect to a determination under paragraph 53(1)(c) ; or
(e) to take account of the operation of subsection 5(4) , 20(8) , 45A(3) , 45B(3) or 45C(6) .
As soon as practicable after the Commissioner amends an assessment in relation to a person, the Commissioner must give notice in writing of the amended assessment to the person.
This section applies to assessments even if no tax is payable: see the definition of assessment in section 2 .