Commonwealth Consolidated Acts Commonwealth Consolidated ActsAct No. 142 of 1987 as amended
This compilation was prepared on 1 July 2008
taking into account amendments up to Act No. 49 of 2007
The text of any of those
amendments not in force
on that date is appended in the Notes section
The operation of amendments that
have been incorporated may be
affected by application provisions that are set out in the Notes section
Prepared by the Office of
Legislative Drafting and Publishing,
Attorney‑General's Department,
Canberra
Contents
Part I--Preliminary 1
1............ Short title [see Note 1] ....................................................................... 1
1A......... Application of the Criminal Code ...................................................... 1
Part II--Interpretation 2
2............ Defined terms ..................................................................................... 2
2A......... GDP factor ....................................................................................... 13
2B......... Group companies ............................................................................. 14
2C......... Greater Sunrise apportionments ....................................................... 15
2D......... Future closing‑down expenditure ..................................................... 16
3............ Petroleum pools ................................................................................ 17
4............ Relationship between licences, permits and leases etc. .................... 17
5............ Petroleum exploration and recovery in relation to certain areas ....... 18
6............ Termination of use of property in relation to a petroleum project .. 20
7............ Property installed ready for use ....................................................... 20
8............ Consideration not in cash ................................................................. 20
9............ Amounts credited, reinvested etc. to be taken to be receivable ........ 21
10.......... Amounts to be expressed in Australian currency ............................. 21
11.......... Residence .......................................................................................... 21
12.......... Partnerships ...................................................................................... 22
13.......... Unincorporated associations ............................................................ 22
14.......... Application of Act ........................................................................... 23
Part III--Administration 24
15.......... General administration of Act .......................................................... 24
16.......... Annual report ................................................................................... 24
17.......... Secrecy .............................................................................................. 24
18.......... Application of Part in relation to section 20 .................................... 26
Part IV--Petroleum projects 27
19.......... Petroleum project ............................................................................. 27
20.......... Combining of petroleum projects ..................................................... 28
Part V--Liability to taxation 32
Division 1--Liability to tax on taxable profit 32
21.......... Liability to pay tax ........................................................................... 32
22.......... Taxable profit ................................................................................... 32
Division 2--Assessable receipts 34
22B....... Effect of GST etc. on assessable receipts ......................................... 34
23.......... Assessable receipts ........................................................................... 34
24.......... Assessable petroleum receipts ......................................................... 35
24A....... Assessable tolling receipts ................................................................ 37
25.......... Assessable exploration recovery receipts ......................................... 37
26.......... Amounts notionally derived where no sale of petroleum etc. .......... 38
27.......... Assessable property receipts ........................................................... 38
28.......... Assessable miscellaneous compensation receipts ............................ 39
29.......... Assessable employee amenities receipts .......................................... 40
30.......... Reduction of amount of assessable property etc. receipts ............... 41
31.......... Time of derivation of receipts .......................................................... 41
31A....... Eligible real expenditure and the Bass Strait project ......................... 42
Division 3--Deductible expenditure 43
31B....... Effect of input tax credits etc. on deductible expenditure ................ 43
32.......... Deductible expenditure ..................................................................... 43
33.......... Class 1 augmented bond rate general expenditure ............................. 43
34.......... Class 1 augmented bond rate exploration expenditure ...................... 45
34A....... Class 2 augmented bond rate general expenditure ............................. 46
35.......... Class 1 GDP factor expenditure ....................................................... 48
35A....... Class 2 augmented bond rate exploration expenditure ...................... 49
35B....... Class 2 GDP factor expenditure ....................................................... 50
36.......... Class 1 augmented bond rate exploration and class 1 GDP factor expenditures in relation to project groups 50
36A....... Designated frontier areas for 2004 .................................................... 53
36B....... Designated frontier areas for 2005 to 2008 ...................................... 53
36C....... Uplifted frontier expenditure ............................................................ 54
37.......... Exploration expenditure .................................................................... 54
38.......... General project expenditure .............................................................. 55
39.......... Closing‑down expenditure ................................................................ 56
40.......... Bad debts .......................................................................................... 58
41.......... Effect of procuring the carrying on of operations etc. by others ..... 59
42.......... Expenditure on property for partial project use .............................. 60
43.......... Deferred use of property on project etc. .......................................... 60
44.......... Excluded expenditure ........................................................................ 61
45.......... Time of incurring of expenditure ...................................................... 62
Division 3A--Transfer of exploration expenditure incurred on or after 1 July 1990 63
45A....... Transfer of expenditure--general ..................................................... 63
45B....... Transfer of expenditure--group companies ..................................... 64
45C....... Commissioner's power to make transfers of expenditure ................ 65
45D....... Effect of transfer of expenditure ....................................................... 66
45E........ Instalment transfers and annual transfers ......................................... 67
Division 4--Tax credits 69
46.......... Credits in respect of closing‑down expenditure ............................... 69
47.......... Application of credits ....................................................................... 70
Division 5--Effect of certain transactions 71
48.......... Transfer of entire entitlement to assessable receipts ........................ 71
48A....... Transfer on or after 1 July 1993 of part of entitlement to assessable receipts 73
49.......... Transfer before 1 July 1984 of partial entitlement to assessable receipts 76
Division 6--Anti‑avoidance 77
Subdivision A--Arrangements to obtain tax benefits 77
50.......... Arrangements .................................................................................... 77
51.......... Tax benefits ...................................................................................... 77
52.......... Arrangements to which Subdivision applies .................................... 78
53.......... Cancellation of tax benefits etc. ........................................................ 79
55.......... Operation of Subdivision .................................................................. 80
Subdivision B--Non‑arm's length transactions 80
56.......... Arm's length transaction .................................................................. 80
57.......... Non‑arm's length receipts ................................................................ 80
58.......... Non‑arm's length expenditure .......................................................... 81
Part VI--Returns and assessments 83
Division 1--Returns 83
59.......... Annual returns .................................................................................. 83
60.......... Other returns .................................................................................... 84
Division 2--Assessments (general) 85
61.......... Making assessments ......................................................................... 85
62.......... Self‑assessment ................................................................................. 85
63.......... Default assessments ......................................................................... 85
64.......... Reliance on information in returns and statements ........................... 86
65.......... Validity of assessments .................................................................... 86
66.......... Objections to assessments ................................................................ 86
Division 3--Assessments (amendment) 88
67.......... Amendment of assessments ............................................................. 88
68.......... Amended assessments taken to be assessments ............................... 88
69.......... Amending amended assessments ...................................................... 88
70.......... Extended periods for amendment--taxpayer applications and private rulings 89
71.......... Extended periods for amendment--Federal Court orders and taxpayer consent 90
72.......... Refund of overpaid amounts ............................................................ 91
Part VIII--Collection and recovery of tax 92
Division 1--General 92
82.......... When tax and shortfall interest charge payable ................................ 92
85.......... Unpaid tax and charges ..................................................................... 92
92.......... Person in receipt or control of money of non‑resident ..................... 93
Division 2--Collection by instalments 95
93.......... Interpretation .................................................................................... 95
94.......... Liability to pay instalments of tax ................................................... 95
95.......... When instalment of tax is payable .................................................... 95
96.......... Amount of instalment of tax ............................................................. 95
97.......... Notional tax amount ......................................................................... 96
98.......... Instalment statement ........................................................................ 97
98A....... Instalment transfer interest charge--liability ................................... 98
98B....... Instalment transfer interest charge--amount .................................. 100
98C....... Instalment transfer interest charge--notification and payment ..... 101
98D....... Instalment transfer interest charge--remission .............................. 102
99.......... Application of payments of instalments of tax .............................. 102
100........ Unpaid instalments ......................................................................... 103
Part IX--Penalty tax 105
100A..... Part to stop applying ..................................................................... 105
101........ Penalty for failure to furnish return ................................................ 105
102........ Penalty for false or misleading statements ..................................... 105
103........ Penalty tax where arrangement to avoid tax ................................... 107
104........ Assessment of additional tax .......................................................... 108
Part X--Miscellaneous 109
105........ Judicial notice of signature .............................................................. 109
106........ Evidence .......................................................................................... 109
106A..... Review of certain decisions ............................................................ 110
107........ Access to premises etc. .................................................................. 110
108........ Relevant authority to obtain information and evidence .................. 111
109........ Agents and trustees ........................................................................ 112
112........ Records to be kept and preserved .................................................. 113
113........ Service on partnerships and associations ....................................... 114
114........ Regulations ..................................................................................... 114
Schedule--Provisions relating to incurring and transfer of exploration expenditure on or after 1 July 1990 115
Part 1--Interpretation 117
1............ Defined terms ................................................................................. 117
2............ Holding an interest--petroleum project ......................................... 119
3............ Holding an interest--exploration right ........................................... 121
4............ Amounts to be worked out to nearest dollar .................................. 122
Part 1A--Special rules relating to the transfer of Greater Sunrise expenditure 123
4A......... Certain Greater Sunrise expenditure is not transferable ................. 123
4B......... Greater Sunrise transferable exploration expenditure must be adjusted 123
Part 2--Class 2 augmented bond rate exploration expenditure and transferable exploration expenditure 125
5............ Interpretation .................................................................................. 125
6............ Matters dealt with in this Part ....................................................... 125
7............ What happens if there is no notional taxable profit ....................... 126
8............ What happens if there is a notional taxable profit .......................... 126
Part 3--Class 2 GDP factor expenditure and transferable exploration expenditure 130
9............ Interpretation .................................................................................. 130
10.......... Matters dealt with in this Part ....................................................... 130
11.......... What happens if there is no notional taxable profit ....................... 131
12.......... What happens if there is a notional taxable profit .......................... 131
Part 4--Transferable exploration expenditure not incurred in relation to a project 134
13.......... Matters dealt with in this Part ....................................................... 134
14.......... Assumptions on which amounts to be worked out ........................ 134
15.......... Non‑transferable expenditure ......................................................... 135
16.......... Amounts to be worked out ............................................................. 136
17.......... What happens if the notional assessable receipts equal or exceed the notional deductible expenditure 137
18.......... What happens if the notional deductible expenditure exceeds the notional assessable receipts 137
Part 5--General rules relating to transfer of exploration expenditure 140
19.......... Interpretation .................................................................................. 140
20.......... Matters dealt with in this Part ....................................................... 140
21.......... Rule--must be a notional taxable profit in relation to receiving project 140
22.......... Rule--person must have held interests in relation to transferring entity and receiving project 141
23.......... Rule--transfer to project with most recent production licence ..... 142
24.......... Rule--restriction on transfer of ABR expenditure ......................... 143
25.......... Rule--restriction on transfer of GDP expenditure ......................... 143
26.......... Rule--total transferred not to exceed notional taxable profit ......... 143
Part 6--Rules relating to transfer of exploration expenditure between group companies 144
27.......... Interpretation .................................................................................. 144
28.......... Situations to which this Part applies .............................................. 144
29.......... Matters dealt with in this Part ....................................................... 144
30.......... Rule--must be a notional taxable profit in relation to profit company and receiving project 145
31.......... Rule--continuity of interest within company group ..................... 145
32.......... Rule--transfer to project with most recent production licence ..... 147
33.......... Rule--restriction on transfer of ABR expenditure ......................... 147
34.......... Rule--restriction on transfer of GDP expenditure ......................... 148
35.......... Rule--total transferred not to exceed notional taxable profit ......... 148
Part 7--Compounding of transferred amounts 149
36.......... Matters dealt with in this Part ....................................................... 149
37.......... What happens if expenditure was incurred in an ABR expenditure year 149
38.......... What happens if expenditure was incurred in a GDP expenditure year 150
Notes 153
An Act relating to the assessment and collection of the tax imposed by the Petroleum Resource Rent Tax Act 1987, and for related purposes
Notes to
the
Petroleum Resource Rent Tax Assessment
Act 1987 Note 1 The Petroleum Resource Rent Tax Assessment Act 1987 as
shown in this compilation comprises Act No. 142, 1987 amended as indicated
in the Tables below. For application, saving or transitional provisions made by the
Corporations (Repeals, Consequentials and Transitionals) Act 2001, see
Act No. 55, 2001. All relevant information pertaining to application, saving or
transitional provisions prior to 3 May 2000 is not included in this
compilation. For subsequent information see Table A. Table of Acts
|
Act |
Number |
Date |
Date of commencement |
Application, saving or transitional provisions |
|
|
142, 1987 |
18 Dec 1987 |
15 Jan 1988 |
|
||
|
97, 1988 |
25 Nov 1988 |
S. 29(1): 1 Jan 1989 (see s. 2(1) and Gazette 1988, No. S399) (a) |
-- |
||
|
60, 1990 |
16 June 1990 |
S. 43 and Part 10 (ss. 88--95): 31 Oct 1990 (see Gazette 1990, No. S272) |
-- |
||
|
80, 1991 |
26 June 1991 |
1 July 1991 |
|||
|
Taxation Laws Amendment Act (No. 3) 1991 |
216, 1991 |
24 Dec 1991 |
S. 113: 1 Mar 1992 (see Gazette 1992, No. GN7) |
Ss. 114 and 124 |
|
|
Superannuation Guarantee (Consequential Amendments) Act 1992 |
92, 1992 |
30 June 1992 |
1 July 1992 |
-- |
|
|
118, 1992 |
30 Sept 1992 |
28 Oct 1992 |
-- |
||
|
210, 1992 |
24 Dec 1992 |
Part 1 (ss. 1--3): Royal Assent |
-- |
||
|
224, 1992 |
24 Dec 1992 |
-- |
|||
|
118, 1993 |
24 Dec 1993 |
Ss. 125, 132 and 133: 1 July 1991 (d) |
Ss. 127(2), 128(2) and 130(2) |
||
|
181, 1994 |
19 Dec 1994 |
Schedule 1 (items 22--85): 13 Oct 1994 |
|||
|
22, 1995 |
29 Mar 1995 |
29 Mar 1995 |
-- |
||
|
39, 1997 |
17 Apr 1997 |
Schedule 3 (item 110): 1 July 1997 |
-- |
||
|
11, 1999 |
31 Mar 1999 |
Schedule 1 (items 281--296): 1 July 1999 (e) |
-- |
||
|
Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999 |
44, 1999 |
17 June 1999 |
Schedule 7 (items 123--125): 1 July 1999 (see Gazette 1999, No. S283) (f) |
S. 3(2)(e) (am. by 160, 2000, Sch. 4 [item 4]) |
|
|
as amended by |
|
|
|
|
|
|
160, 2000 |
21 Dec 2000 |
Schedule 1 (item 21): Royal Assent |
-- |
||
|
Public Employment (Consequential and Transitional) Amendment Act 1999 |
146, 1999 |
11 Nov 1999 |
Schedule 1 (item 732): 5 Dec 1999 (see Gazette 1999, No. S584) (g) |
-- |
|
|
A New Tax System (Indirect Tax and Consequential Amendments) Act (No. 2) 1999 |
177, 1999 |
22 Dec 1999 |
Schedule 8 (items 7--18) (h) |
-- |
|
|
179, 1999 |
22 Dec 1999 |
Schedule 2 (items 48--58): (i) |
-- |
||
|
44, 2000 |
3 May 2000 |
Schedule 3 (items 39, 40): 1 July 2000 (j) |
Sch. 3 (items 40, 42, 44) [see Table A] |
||
|
66, 2000 |
22 June 2000 |
Schedule 6: Royal Assent (k) |
Sch. 6 (item 3) [see Table A] |
||
|
91, 2000 |
30 June 2000 |
Schedule 2 (items 54--56): (l) |
-- |
||
|
Corporations (Repeals, Consequentials and Transitionals) Act 2001 |
55, 2001 |
28 June 2001 |
Ss. 4--14 and Schedule 3 (items 413--415): 15 July 2001 (see Gazette 2001, No. S285) (m) |
||
|
Treasury Legislation Amendment (Application of Criminal Code) Act (No. 2) 2001 |
146, 2001 |
1 Oct 2001 |
S. 4 and Schedule 4 (items 102--115): 15 Dec 2001 (n) |
S. 4 [see Table A] |
|
|
169, 2001 |
1 Oct 2001 |
Schedule 1 (items 1--9): 1 Apr 2002 (o) |
Sch. 1 (item 15) [see Table A] |
||
|
101, 2003 |
14 Oct 2003 |
Schedule 5: Royal Assent |
-- |
||
|
Greater Sunrise Unitisation Agreement Implementation Act 2004 |
47, 2004 |
21 Apr 2004 |
Schedule 2 (items 1--18): 7 Feb 2007 |
-- |
|
|
80, 2004 |
23 June 2004 |
Schedule 1 (items 198, 212, 213, 215): 1 Dec 2004 (see Gazette 2004, No. GN34) |
Sch. 1 (items 212, 213, 215) [see Table A] |
||
|
Tax Laws Amendment (2004 Measures No. 7) Act 2005 |
41, 2005 |
1 Apr 2005 |
Schedule 5 and Schedule 10 (items 225--230): Royal Assent |
Sch. 5 (item 17) and Sch. 10 (item 230) [see Table A] |
|
|
Offshore Petroleum (Repeals and Consequential Amendments) Act 2006 |
17, 2006 |
29 Mar 2006 |
Schedule 2 (items 73--96): 1 July 2008 (see s. 2(1) and F2008L02273) |
Sch. 2 (items 95, 96) [see Table A] |
|
|
78, 2006 |
30 June 2006 |
Schedule 3 (item 3): (p) |
Sch. 1 (item 12), Sch. 2 (items 3, 4), Sch. 3
(item 9), Sch. 4 (item 38) and Sch. 5 (item 23) |
||
|
Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 |
101, 2006 |
14 Sept 2006 |
Schedule 2 (items 1017, 1041--1043) and Schedule 6 (items 1, 6--11): Royal Assent |
Sch. 6 (items 1, |
|
|
8, 2007 |
15 Mar 2007 |
Schedule 4 (item 22): Royal Assent |
-- |
||
|
49, 2007 |
10 Apr 2007 |
Schedule 1 (items 88--94, 97): (q) |
Sch. 1 (item 97) [see Table A] |
||
(a) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by subsection 29(1) only of the Taxation Laws Amendment (Tax File Numbers) Act 1988, subsection 2(1) of which provides as follows:
(1) Subject to subsection (2), this Act commences on the day on which the Privacy Act 1988 commences.
(b) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by sections 113, 123 and 124 only of the Taxation Laws Amendment Act (No. 3) 1991, subsections 2(1) and (10) of which provide as follows:
(1) Subject to this section, this Act commences on the day on which it receives the Royal Assent.
(10) Subject to subsection (11), sections 112 to 117 (inclusive) commence on a day to be fixed by Proclamation.
(c) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by Part 5 (sections 113--120) only of the Taxation Laws Amendment Act (No. 5) 1992, subsection 2(3) of which provides as follows:
(3) Part 5 is taken to have commenced on 1 July 1991.
(d) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by sections 125--133 only of the Taxation Laws Amendment Act (No. 3) 1993, subsections 2(1)--(3) of which provide as follows:
(1) Subject to this section, this Act commences on the day on which it receives the Royal Assent.
(2) Sections 125, 132 and 133 are taken to have commenced on 1 July 1991.
(3) Sections 129 and 131 are taken to have commenced on 1 July 1993.
(e) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by Schedule 1 (items 281--296) only of the Taxation Laws Amendment Act (No. 3) 1999, subsection 2(3) of which provides as follows:
(3) Subject to subsections (4) and (5), Schedule 1 commences on 1 July 1999.
(f) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by Schedule 7 (items 123--125) only of the Financial Sector Reform (Amendments and Transitional Provisions) Act (No. 1) 1999, subsections 3(2)(e) and (16) of which provide as follows:
(2) The following provisions commence on the transfer date:
(e) subject to subsection (12), Schedule 7, other than items 43, 44, 118, 205 and 207 (the commencement of those items is covered by subsections (10), (11) and (13)).
(16) The Governor‑General may, by Proclamation published in the Gazette, specify the date that is to be the transfer date for the purposes of this Act.
(g) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by Schedule 1 (item 732) only of the Public Employment (Consequential and Transitional) Amendment Act 1999, subsections 2(1) and (2) of which provide as follows:
(1) In this Act, commencing time means the time when the Public Service Act 1999 commences.
(2) Subject to this section, this Act commences at the commencing time.
(h) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by Schedule 8 (items 7--18) only of the A New Tax System (Indirect Tax and Consequential Amendments) Act (No. 2) 1999, subsection 2(9) of which provides as follows:
(9) Schedules 7 and 8 (other than items 1 to 6 of Schedule 8) commence immediately after the commencement of the A New Tax System (Goods and Services Tax) Act 1999.
The A New Tax System (Goods and Services Tax) Act 1999 commenced on 1 July 2000.
(i) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by Schedule 2 (items 48--58) only of the A New Tax System (Tax Administration) Act 1999, subsection 2(1) of which provides as follows:
(1) Subject to this section, this Act commences, or is taken to have commenced, immediately after the commencement of section 1 of the A New Tax System (Pay As You Go) Act 1999.
Section 1 of the A New Tax System (Pay As You Go) Act 1999 commenced on 22 December 1999.
(j) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by Schedule 3 (items 39, 41, 43 and 45) only of the A New Tax System (Tax Administration) Act (No. 1) 2000, subsections 2(1) and (9) of which provide as follows:
(1) Subject to this section, this Act commences, or is taken to have commenced, immediately after the commencement of section 1 of the A New Tax System (Tax Administration) Act 1999.
Section 1 commenced on 22 December 1999.
(9) Items 39, 40, 52, 53, 73 and 74 of Schedule 3 commence, or are taken to have commenced, on 1 July 2000.
(k) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by Schedule 6 only of the Taxation Laws Amendment Act (No. 3) 2000, subsection 2(1) of which provides as follows:
(1) Subject to this section, this Act commences on the day on which it receives the Royal Assent.
(l) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by Schedule 2 (items 54--56) only of the A New Tax System (Tax Administration) Act (No. 2) 2000, subsection 3(1) of which provides as follows:
(1) Subject to this section, this Act commences, or is taken to have commenced, immediately after the commencement of section 1‑1 of the A New Tax System (Goods and Services Tax) Act 1999.
Section 1‑1 of the A New Tax System (Goods and Services Tax) Act 1999 commenced on 1 July 2000.
(m) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by Schedule 3 (items 413--415) only of the Corporations (Repeals, Consequentials and Transitionals) Act 2001, subsection 2(3) of which provides as follows:
(3) Subject to subsections (4) to (10), Schedule 3 commences, or is taken to have commenced, at the same time as the Corporations Act 2001.
(n) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by Schedule 4 (items 102--115) only of the Treasury Legislation Amendment (Application of Criminal Code) Act (No. 2) 2001, subsection 2(1) of which provides as follows:
(1) Subject to this section, this Act commences on the day mentioned in subsection 2.2(2) of the Criminal Code.
(o) The Petroleum Resource Rent Tax Assessment Act 1987 was amended by Schedule 1 (items 1--12) only of the Taxation Laws Amendment Act (No. 6) 2001, subsections 2(1) and (3) of which provide as follows:
(1) Subject to this section, this Act commences on the day on which it receives the Royal Assent.
(3) If Part 1 of Schedule 1 does not commence under subsection (2) within the period of 6 months beginning on the day on which this Act receives the Royal Assent, it commences on the first day after the end of that period.
(p) Subsection 2(1) (items 4, 7, 9 and 11) of the Petroleum Resource Rent Tax Assessment Amendment Act 2006 provides as follows:
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
|
Commencement information |
||
|
Column 1 |
Column 2 |
Column 3 |
|
Provision(s) |
Commencement |
Date/Details |
|
4. Schedule 3, item 3 |
Immediately after the commencement of Chapter 2 of the Offshore Petroleum Act 2006. |
1 July 2008 |
|
7. Schedule 4, item 5 |
Immediately after the commencement of the provisions covered by table item 11. |
1 July 2006 |
|
9. Schedule 4, item 8 |
Immediately after the commencement of the provisions covered by table item 11. |
1 July 2006 |
|
11. Schedule 5 |
1 July 2006 . |
1 July 2006 |
(q) Subsection 2(1) (item 2) of the Offshore Petroleum Amendment (Greater Sunrise) Act 2007 provides as follows:
(1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.
|
Provision(s) |
Commencement |
Date/Details |
|
2. Schedule 1 |
Immediately after the commencement of section 3 of the Offshore Petroleum Act 2006. |
1 July 2008 |
Table of Amendments
|
ad. = added or inserted am. = amended rep. = repealed rs. = repealed and substituted |
|
|
Provision affected |
How affected |
|
Part I |
|