CTHRepealedLegislation
Petroleum Resource Rent Tax Assessment Regulation 2015
16Augmentation of a capital cost
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16 Augmentation of a capital cost
A capital cost for an integrated operation is augmented for a number of years by applying the formula: Image unavailable in extracted text where:
capital allowance means the capital allowance for:
(a) in the case of subsection 39(2)—the final cost year; and
(b) in the case of subsection 40(2)—the production year; and
(c) in the case of subsection 41(2)—the production year; and
(d) in the case of paragraph 41(3)(a)—the MPC production year.
N means the number of years.