Treasury Laws Amendment (2019 Petroleum Resource Rent Tax Reforms No. 1) Act 2019 (43 of 2019)

Schedule 1   Reform of the petroleum resource rent tax

Part 2   Standard uplift expenditure

Petroleum Resource Rent Tax Assessment Act 1987

38   Clause 5 of Schedule 1 (paragraph (a) of the definition of notional taxable profit)

Omit "class 2 augmented bond rate", substitute "class 2 uplifted".