Petroleum Resource Rent Tax Assessment Amendment Act 2012 (18 of 2012)

Schedule 2   Assessable receipts

Part 1   Amendments commencing on 1 July 2012

Petroleum Resource Rent Tax Assessment Act 1987

4   At the end of section 28

Add:

(2) However, an amount referred to in subparagraph (b)(ii) that is a refund of resource tax expenditure is increased by dividing the amount by the rate mentioned in section 5 of the Petroleum Resource Rent Tax (Imposition - General) Act 2012.