Petroleum Resource Rent Tax Assessment Act 1987

2

Amended by:


Treasury Laws Amendment (2019 Petroleum Resource Rent Tax Reforms No. 1) Act 2019 (assent 5/4/2019)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch2-Cl1

Commenced Action Note
1/07/2019 Amend Substituted definition 'access authority'

3-Sch2-Cl10

Commenced Action Note
1/07/2019 Amend Substituted definition 'exploration permit area'

3-Sch2-Cl11

Commenced Action Note
1/07/2019 Amend Substituted definition 'head company'

3-Sch2-Cl12

Commenced Action Note
1/07/2019 Amend Substituted definition 'holder of a registered interest'

3-Sch2-Cl13

Commenced Action Note
1/07/2019 Amend Substituted definition 'infrastructure licence'

3-Sch2-Cl14

Commenced Action Note
1/07/2019 Amend Repealed definition 'MEC group'
1/07/2019 Amend Repealed definition 'member'
1/07/2019 Amend Repealed definition 'onshore area'
1/07/2019 Amend Repealed definition 'onshore petroleum project'

3-Sch2-Cl15

Commenced Action Note
1/07/2019 Amend Substituted definition 'pipeline licence'

3-Sch2-Cl16

Commenced Action Note
1/07/2019 Amend Amended definition 'post-30 June 2008 petroleum project'

3-Sch2-Cl17

Commenced Action Note
1/07/2019 Amend Amended definition 'production licence'

3-Sch2-Cl18

Commenced Action Note
1/07/2019 Amend Amended definition 'production licence'

3-Sch2-Cl2

Commenced Action Note
1/07/2019 Amend Substituted definition 'acquisition'

3-Sch2-Cl20

Commenced Action Note
1/07/2019 Amend Substituted definition 'production licence area'

3-Sch2-Cl21

Commenced Action Note
1/07/2019 Amend Substituted definition 'production licence notice'

3-Sch2-Cl22

Commenced Action Note
1/07/2019 Amend Repealed definition 'provisional head company'

3-Sch2-Cl23

Commenced Action Note
1/07/2019 Amend Substituted definition 'registered holder'

3-Sch2-Cl24

Commenced Action Note
1/07/2019 Amend Substituted definition 'retention lease'

3-Sch2-Cl25

Commenced Action Note
1/07/2019 Amend Substituted definition 'retention lease area'

3-Sch2-Cl26

Commenced Action Note
1/07/2019 Amend Substituted definition 'starting base amount'

3-Sch2-Cl27

Commenced Action Note
1/07/2019 Amend Repealed definition 'starting base asset'
1/07/2019 Amend Repealed definition 'subsidiary member'
1/07/2019 Amend Repealed definition 'value'

3-Sch2-Cl3

Commenced Action Note
1/07/2019 Amend Amended definition 'applicable commencement date'

3-Sch2-Cl5

Commenced Action Note
1/07/2019 Amend Substituted definition 'block'

3-Sch2-Cl6

Commenced Action Note
1/07/2019 Amend Repealed definition 'consolidated group'
1/07/2019 Amend Repealed definition 'created'

3-Sch2-Cl7

Commenced Action Note
1/07/2019 Amend Amended definition 'eligible real expenditure'

3-Sch2-Cl77

Commenced Action Note
1/07/2019 Repeal "Repealed definition 'miningquarrying or prospecting information'"
1/07/2019 Repeal Repealed definition 'CGT asset'
1/07/2019 Repeal Repealed definition 'accounting standard'
1/07/2019 Repeal Repealed definition 'arrangement'
1/07/2019 Repeal Repealed definition 'auditing standard'
1/07/2019 Repeal Repealed definition 'cost base'
1/07/2019 Repeal Repealed definition 'depreciating asset'
1/07/2019 Repeal Repealed definition 'entity'
1/07/2019 Repeal Repealed definition 'hold'
1/07/2019 Repeal Repealed definition 'interim expenditure'
1/07/2019 Repeal Repealed definition 'market value'
1/07/2019 Repeal Repealed definition 'project activity'
1/07/2019 Repeal Repealed definition 'starting base return'

3-Sch2-Cl8

Commenced Action Note
1/07/2019 Amend Substituted definition 'excluded fee'

3-Sch2-Cl9

Commenced Action Note
1/07/2019 Amend Substituted definition 'exploration permit'

Treasury Legislation Amendment (Repeal Day) Act 2015 (assent 25/02/2015)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch2-Cl88

Commenced Action Note
25/02/2015 Amend Substituted definition of 'assessment'

3-Sch4-Cl70

Commenced Action Note
25/02/2015 Amend Substituted definition of 'Australia'

Minerals Resource Rent Tax Repeal and Other Measures Act 2014 (assent 5/09/2014)

Explanatory Memorandum - REPS
Suplementary Explanatory Memorandum - SEN
Second Reading Speech - REPS

3-Sch1-Cl48

Commenced Action Note
30/09/2014 Amend Amended definition of 'petroleum'

Tax and Superannuation Laws Amendment (2013 Measures No. 1) Act 2013 (assent 28/06/2013)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch7-Cl77

Commenced Action Note
1/07/2012 Amend Substituted definition of 'acquisition'

3-Sch7-Cl78

Commenced Action Note
1/07/2012 Amend Substituted definition of created'

3-Sch7-Cl79

Commenced Action Note
1/07/2012 Amend Inserted definition of 'notional tax amount'

Petroleum Resource Rent Tax Assessment Amendment Act 2012 (assent 29/03/2012)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1-Cl1

Commenced Action Note
1/07/2012 Substitute Substituted definition of 'access authority'

3-Sch1-Cl10

Commenced Action Note
1/07/2012 Amend Substituted definition of 'infrastructure licence'

3-Sch1-Cl11

Commenced Action Note
1/07/2012 Amend Amended definition of 'marketable petroleum commodity'

3-Sch1-Cl12

Commenced Action Note
1/07/2012 Amend Inserted definition of 'northwest shelf project'

3-Sch1-Cl13

Commenced Action Note
1/07/2012 Amend Inserted definition of 'oil shale'

3-Sch1-Cl14

Commenced Action Note
1/07/2012 Amend Inserted definition of 'onshore area'

3-Sch1-Cl15

Commenced Action Note
1/07/2012 Amend Inserted definition of 'onshore petroleum project'

3-Sch1-Cl16

Commenced Action Note
1/07/2012 Amend Substituted definition of 'petroleum'

3-Sch1-Cl17

Commenced Action Note
1/07/2012 Amend Substituted definition of 'pipeline notice'

3-Sch1-Cl18

Commenced Action Note
1/07/2012 Amend Amended definition of 'pre-combination project'

3-Sch1-Cl19

Commenced Action Note
1/07/2012 Amend Amended definition of 'production licence'

3-Sch1-Cl2

Commenced Action Note
1/07/2012 Amend Amended definition of 'applicable commencement date'

3-Sch1-Cl20

Commenced Action Note
1/07/2012 Amend Substituted definition of 'production licence area'

3-Sch1-Cl21

Commenced Action Note
1/07/2012 Amend Substituted definition of 'registered holder'

3-Sch1-Cl22

Commenced Action Note
1/07/2012 Amend Substituted definition of 'retention lease'

3-Sch1-Cl23

Commenced Action Note
1/07/2012 Amend Substituted definition of 'retention lease area'

3-Sch1-Cl3

Commenced Action Note
1/07/2012 Amend Amended definition of 'applicable commencement date'

3-Sch1-Cl4

Commenced Action Note
1/07/2012 Substitute Substituted definition of 'block'

3-Sch1-Cl5

Commenced Action Note
1/07/2012 Amend Omitted definition of 'eligible production licence'

3-Sch1-Cl6

Commenced Action Note
1/07/2012 Amend Substituted definition of 'excluded fee'

3-Sch1-Cl7

Commenced Action Note
1/07/2012 Amend Substituted definition of 'exploration permit'

3-Sch1-Cl8

Commenced Action Note
1/07/2012 Amend Substituted definition of 'exploration permit area'

3-Sch1-Cl9

Commenced Action Note
1/07/2012 Amend Substituted definition of 'holder of a registered interest'

3-Sch3-Cl1

Commenced Action Note
1/07/2012 Amend Inserted definition of 'Aboriginal person'

3-Sch3-Cl2

Commenced Action Note
1/07/2012 Amend Inserted definition of 'Australian law'

3-Sch3-Cl3

Commenced Action Note
1/07/2012 Amend Amended definition of 'eligible real expenditure'

3-Sch3-Cl4

Commenced Action Note
1/07/2012 Amend Inserted definition of 'production licence notice'

3-Sch3-Cl5

Commenced Action Note
1/07/2012 Amend Inserted definition of 'Torres Strait Islander'

3-Sch4-Cl18

Commenced Action Note
1/07/2012 Amend Amended definition of 'long term bond rate'

3-Sch4-Cl19

Commenced Action Note
1/07/2012 Amend Amended definition of 'long term bond rate'

3-Sch4-Cl2

Commenced Action Note
1/07/2012 Amend Amended definition of 'eligible real expenditure'

3-Sch4-Cl20

Commenced Action Note
1/07/2012 Amend Amended definition of 'long term bond rate'

3-Sch4-Cl21

Commenced Action Note
1/07/2012 Amend Amended definition of 'post-30 June 2008 petroleum project'

3-Sch4-Cl22

Commenced Action Note
1/07/2012 Amend Inserted definition of 'pre-licence area'

3-Sch4-Cl23

Commenced Action Note
1/07/2012 Amend Amended definition of 'transferable exploration expenditure'

3-Sch4-Cl3

Commenced Action Note
1/07/2012 Amend Inserted definition of 'starting base amount'

3-Sch4-Cl4

Commenced Action Note
1/07/2012 Amend Inserted definition of 'starting base asset'

3-Sch4-Cl5

Commenced Action Note
1/07/2012 Amend Inserted definition of 'value'

3-Sch5-Cl10

Commenced Action Note
1/07/2012 Amend Inserted definition of 'member'

3-Sch5-Cl11

Commenced Action Note
1/07/2012 Amend Inserted definition of provisional head company'

3-Sch5-Cl12

Commenced Action Note
1/07/2012 Amend Inserted definition of 'subsidiary member'

3-Sch5-Cl6

Commenced Action Note
1/07/2012 Amend Inserted definition of 'consolidated group;

3-Sch5-Cl7

Commenced Action Note
1/07/2012 Amend Inserted definition of 'created'

3-Sch5-Cl8

Commenced Action Note
1/07/2012 Amend Substituted definition of 'head company'

3-Sch5-Cl9

Commenced Action Note
1/07/2012 Amend Inserted definition of 'MEC group'

3-Sch6-Cl9

Commenced Action Note
1/07/2012 Amend Substituted definition of 'tax'

Tax Laws Amendment (2011 Measures No. 8) Act 2011 (assent 29/11/2011)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch2-Cl1

Commenced Action Note
29/11/2011 Amend Substitute definition 'marketable petroleum commodity'

Clean Energy (Consequential Amendments) Act 2011 (assent 18/11/2011)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch2-Cl1

Commenced Action Note
29/11/2011 Substitute Substitute definition 'marketable petroleum commodity'

Offshore Petroleum and Greenhouse Gas Storage Legislation Amendment Act 2009 (assent 8/10/2009)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1-Cl68

Commenced Action Note
9/10/2009 Amend Amended definition of 'infrastructure licence'

Tax laws Amendment (2009 Measures No. 4) Act 2009 (assent 18/09/2009)

Explanatory Memorandum - REPS
Explanatory Memorandum - SEN
Second Reading Speech - REPS

3-Sch5-Cl209

Commenced Action Note
18/09/2009 Amend Omitted definition of 'certifying Minister'

3-Sch5-Cl210

Commenced Action Note
18/09/2009 Amend Inserted definition of 'Resources Department'

3-Sch5-Cl211

Commenced Action Note
18/09/2009 Amend Inserted definition of 'Resources Minister'

Offshore Petroleum Amendment (Greenhouse Gas Storage) Act 2008 (assent 21/11/2008)

Second Reading Speech - REPS

3-Sch2-Cl59

Commenced Action Note
22/11/2008 Amend Amended definition of 'access authority'

3-Sch2-Cl60

Commenced Action Note
22/11/2008 Amend Amended definition of 'exploration permit'

3-Sch2-Cl61

Commenced Action Note
22/11/2008 Amend Amended definition of 'exploration permit area'

3-Sch2-Cl62

Commenced Action Note
22/11/2008 Amend Amended definition of 'production licence'

3-Sch2-Cl63

Commenced Action Note
22/11/2008 Amend Amended definition of 'production licence area'

3-Sch2-Cl64

Commenced Action Note
22/11/2008 Amend Amended definition of 'retention lease'

3-Sch2-Cl65

Commenced Action Note
22/11/2008 Amend Amended definition of 'retention lease area'

3-Sch3-Cl33

Commenced Action Note
22/11/2008 Amend Amended definition of 'access authority'

3-Sch3-Cl34

Commenced Action Note
22/11/2008 Amend Amended definition of 'block'

3-Sch3-Cl35

Commenced Action Note
22/11/2008 Amend Amended definition of 'certifying Minister'

3-Sch3-Cl36

Commenced Action Note
22/11/2008 Amend Amended definition of 'designated frontier expenditure'

3-Sch3-Cl37

Commenced Action Note
22/11/2008 Amend Amended definition of 'excluded fee'

3-Sch3-Cl38

Commenced Action Note
22/11/2008 Amend Amended definition of 'exploration permit'

3-Sch3-Cl39

Commenced Action Note
22/11/2008 Amend Amended definition of 'exploration permit area'

3-Sch3-Cl39A

Commenced Action Note
22/11/2008 Amend Amended definition of 'Greater Sunrise unit area'

3-Sch3-Cl39B

Commenced Action Note
22/11/2008 Amend Amended definition of 'Greater Sunrise unit reservoirs'

3-Sch4-Cl6

Commenced Action Note
22/11/2008 Amend Amended definition of 'excluded fee'

3-Sch4-Cl7

Commenced Action Note
22/11/2008 Amend Amended definition of 'holder of a registered interest'

Offshore Petroleum Amendment (Greater Sunrise) Act 2007 (assent 10/04/2007)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1-Cl88

Commenced Action Note
01/07/2008 Amend Amended definition of 'Greater Sunrise unit area'

3-Sch1-Cl89

Commenced Action Note
01/07/2008 Amend Amended definition of 'Greater Sunrise unit reservoirs'

3-Sch1-Cl90

Commenced Action Note
01/07/2008 Amend Substituted definition of 'production licence'

3-Sch1-Cl91

Commenced Action Note
01/07/2008 Amend Substituted definition of 'production licence area'

3-Sch1-Cl92

Commenced Action Note
01/07/2008 Amend Amended definition of 'Western Greater Sunrise area'

Statute Law Revision Act 2007 (assent 15/03/2007)

Explanatory Memorandum - SEN

3-Sch4-cl22

Commenced Action Note
15/03/2007 Amend Amended definition of 'trustee'

Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 (assent 14/09/2006)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch2-Cl1041

Commenced Action Note
14/09/2006 Amend Amended definition of 'general interest charge'

Petroleum Resource Rent Tax Assessment Amendment Act 2006 (assent 30/06/2006)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1-Cl1

Commenced Action Note
1/07/2006 Amend Inserted definition of 'annual transfer'

3-Sch1-Cl2

Commenced Action Note
1/07/2006 Amend Inserted definition of 'instalment transfer'

3-Sch1-Cl3

Commenced Action Note
1/07/2006 Amend Inserted definition of 'instalment transfer charge period'

3-Sch1-Cl4

Commenced Action Note
1/07/2006 Amend Inserted definition of 'instalment transfer excess'

3-Sch1-Cl5

Commenced Action Note
1/07/2006 Amend Inserted definition of 'instalment transfer interest charge'

3-Sch1-Cl6

Commenced Action Note
1/07/2006 Amend Inserted definition of 'liable person'

3-Sch3-Cl1

Commenced Action Note
1/07/2006 Amend Inserted definition of 'future closing-down expenditure'

3-Sch3-Cl2

Commenced Action Note
1/07/2006 Amend Inserted definition of 'infrastructure licence'

3-Sch3-Cl3

Commenced Action Note
1/07/2008 Amend Substituted definition of 'infrastructure licence'

3-Sch3-Cl4

Commenced Action Note
1/07/2006 Amend Inserted definition of 'licensed property'

3-Sch4-Cl1

Commenced Action Note
1/07/2006 Amend Amended definition of 'assessment'

3-Sch4-Cl2

Commenced Action Note
1/07/2006 Amend Inserted definition of 'related charge'

3-Sch4-Cl3

Commenced Action Note
1/07/2006 Amend Inserted definition of 'shortfall interest charge'

Offshore Petroleum (Repeals and Consequential Amendments) Act 2006 (assent 29/03/2006)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch2-Cl73

Commenced Action Note
1/7/2008 Amend Substituted definition of 'access authority'

3-Sch2-Cl74

Commenced Action Note
1/7/2008 Amend Amended definition of 'block'

3-Sch2-Cl75

Commenced Action Note
1/7/2008 Amend Amended definition of 'certifying Minister'

3-Sch2-Cl76

Commenced Action Note
1/7/2008 Amend Amended definition of 'designated frontier expenditure'

3-Sch2-Cl77

Commenced Action Note
1/7/2008 Amend Substituted definition of 'excluded fee'

3-Sch2-Cl78

Commenced Action Note
1/7/2008 Amend Substituted definition of 'exploration permit'

3-Sch2-Cl79

Commenced Action Note
1/7/2008 Amend Substituted definition of 'exploration permit area'

3-Sch2-Cl80

Commenced Action Note
1/7/2008 Amend Amended definition of 'holder of a registered interest'

3-Sch2-Cl81

Commenced Action Note
1/7/2008 Amend Amended definition of 'petroleum'

3-Sch2-Cl82

Commenced Action Note
1/7/2008 Amend Substituted definition of 'pipeline licence'

3-Sch2-Cl83

Commenced Action Note
1/7/2008 Amend Substituted definition of 'production licence'

3-Sch2-Cl84

Commenced Action Note
1/7/2008 Amend Substituted definition of 'production licence area'

3-Sch2-Cl85

Commenced Action Note
1/7/2008 Amend Amended definition of 'registered holder'

3-Sch2-Cl86

Commenced Action Note
1/7/2008 Amend Substituted definition of 'retention lease'

3-Sch2-Cl87

Commenced Action Note
1/7/2008 Amend Substituted definition of 'retention lease area'

Taxation Laws Amendment Act (No. 6) 2001 (assent 1/10/2001)

Explanatory Memorandum - REPS
Revised Explanatory Memorandum - SEN
Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1

Commenced Action Note
1/04/2002 Amend Substituted definition of 'sales gas'

Public Employment (Consequential and Transitional) Amendment Act 1999 (assent 11/11/1999)

Supplementary Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1

Commenced Action Note
05/12/1999 Amend Amended definition of 'officer'