Commonwealth Consolidated Acts

PETROLEUM RESOURCE RENT TAX ASSESSMENT ACT 1987 - SECT 41

             (1)  Where a person (in this section referred to as the eligible person ) incurs or incurred a liability to make a payment to procure the carrying on or providing of operations, facilities or other things of a kind referred to in section 37, 38 or 39 by another person, then, for the purposes of this Act:

                     (a)  the operations, facilities or other things shall be taken to have been carried on or provided by the eligible person and not by the other person; and

                     (b)  the liability shall be taken to have been incurred by the eligible person in carrying on or providing the operations, facilities or other things.

             (2)  This section does not apply if the other person carries on or provides the operations, facilities or other things as part of the processing of external petroleum in relation to a petroleum project other than the project to which the operations, facilities or other things referred to in subsection (1) relate.