CTHRepealedLegislation
Petroleum Resource Rent Tax Assessment Regulation 2015
22Advance pricing arrangements
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22 Advance pricing arrangements
(1) The Commissioner may, at the request of a participant in an integrated operation, make an agreement (advance pricing arrangement) with the participant about how the assessable petroleum receipts of the participant are to be calculated in relation to project sales gas to which paragraph 24(1)(d) or (e) of the Act applies. (2) An advance pricing arrangement must specify: (a) the term of the arrangement; and (b) how the assessable receipts of the participant are to be calculated; and (c) conditions under which the arrangement will apply.