Commonwealth Consolidated Acts

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PETROLEUM RESOURCE RENT TAX ASSESSMENT ACT 1987 - SECT 3

Petroleum pools

                   Where, for the purposes of the Offshore Petroleum Act 2006 , petroleum recovered from a petroleum pool, within the meaning of that Act, is taken by Division 3 of Part 1.2 of that Act to have been recovered from a particular area or from particular areas in particular proportions, the petroleum shall be taken for the purposes of this Act to have been recovered from that area, or from those areas in those proportions, as the case may be.



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