43Applying the energy coefficients to costs of each phase

43 Applying the energy coefficients to costs of each phase

For the purposes of step 12 of the residual pricing method, the amount of each phase cost for a phase, for the year of tax, is taken to be: Image unavailable in extracted text

where:

C means the amount of the cost before the application of this section.

phase project energy means the energy content of the project product that enters the phase in the year of tax.

total phase energy means the energy content of all the petroleum product that enters the phase in the year of tax.