PETROLEUM RESOURCE RENT TAX ASSESSMENT ACT 1987
This section applies if:
(a) the Commissioner has started to examine the affairs of a person in relation to an assessment; and
(b) the Commissioner has not completed the examination before the end of the limited amendment period, or that period as extended under this section. 71(2)
The limited amendment period is extended for an additional period if:
(a) on an application by the Commissioner before the end of the limited amendment period (or that period as extended under this section), the Federal Court of Australia orders the extension for the additional period; or
(b) before the end of the limited amendment period (or that period as extended under this section):
(i) the Commissioner requests the person to consent to the extension of the limited amendment period; and
(ii) the person, by notice in writing, consents to the extension for the additional period.
The Federal Court of Australia may order an extension of the limited amendment period under paragraph (2)(a) only if the Court is satisfied that it was not reasonably practicable, or that it was inappropriate, for the Commissioner to complete the examination within the limited amendment period (or that period as extended under this section), because of:
(a) any action taken by the person; or
(b) any failure of the person to take action that would have been reasonable for the person to take. 71(4)
The limited amendment period may be extended more than once under this section. 71(5)
In this section:
Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited
CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.
The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.