CTHRepealedLegislation
Petroleum Resource Rent Tax Assessment Regulations 2005
38Notional tax amount when RPM price not used (Act s 97(1AA)(b))
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## 38 Notional tax amount when RPM price not used (Act s 97(1AA)(b))
For paragraph 97(1AA)(b) of the Act, if any of the following is used in working out assessable petroleum receipts for a person under regulation 14, 15 or 16:
the amount that is to be included in calculating the current period liability under subsection 97(1A) of the Act is the amount of assessable petroleum receipts worked out under regulation 14, 15 or 16.