Taxation Laws Amendment Act (No. 6) 2001 (169 of 2001)
Schedule 1 Petroleum Resource Rent Tax
Part 2 The 5 year rule
Petroleum Resource Rent Tax Assessment Act 1987
12 Clause 1 of Schedule 1 (paragraph (b) of the definition of relevant pre-commencement day )
Omit "before the issue of the oldest production licence to which the project relates", substitute "the earliest date specified in a notice issued under subsection 41(3) of the Petroleum (Submerged Lands) Act 1967 in relation to a production licence to which the project relates".
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