CTHIn ForceAct
Petroleum Resource Rent Tax Assessment Act 1987
4BHolding an interest—exploration permit
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#### 4B Holding an interest—exploration permit
For the purposes of this Act, a person is taken to have held an interest in, or in relation to, an exploration permit at a particular time if the person was, at that time, entitled to receive receipts from the sale of petroleum, or marketable petroleum commodities produced from petroleum, recovered from the exploration permit area.