Taxation Laws Amendment Act (No. 6) 2001 (169 of 2001)
Schedule 1 Petroleum Resource Rent Tax
Part 2 The 5 year rule
Petroleum (Submerged Lands) Act 1967
14 Transitional
If, before the commencement of this item, a notice was issued by a Designated Authority stating that sufficient information had been received to determine an application made under section 39A, 40 or 40A of the Petroleum (Submerged Lands) Act 1967, then, for the purposes of that Act as amended by this Act:
(a) that notice is taken to have been issued under subsection 41(3) of that Act; and
(b) the date that the notice was issued is taken to be the date specified in the notice.
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
