CTHIn ForceAct
Petroleum Resource Rent Tax Assessment Act 1987
9Amounts credited, reinvested etc. to be taken to be receivable
Start here
Get a plain-English read of 9
Turn the raw legal text into a practical explanation grounded in Petroleum Resource Rent Tax Assessment Act 1987.
#### 9 Amounts credited, reinvested etc. to be taken to be receivable
An amount shall be taken to have been receivable by a person although it is not actually to be paid over to the person but is to be reinvested, accumulated, capitalised, carried to any reserve, sinking fund or insurance fund however designated, or otherwise dealt with on behalf of the person or as the person directs.