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Petroleum and Gas (Royalty) Regulation 2021
sec.40When petroleum royalty payable—yearly return period
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sec.40 When petroleum royalty payable—yearly return period
For the Taxation Administration Act 2001 , section 30 (1) , the petroleum royalty payable by a petroleum producer under the Act for a royalty return period that is a financial year is payable on the day the royalty return must be lodged for the royalty return period.