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Section 42 - Petroleum Resource Rent Tax Assessment Regulations 2005 - Election to use residual pricing method—participant in onshore GTL operation | Zoe

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Home/Legislation/Petroleum Resource Rent Tax Assessment Regulations 2005/42

CTHRepealedLegislation

Petroleum Resource Rent Tax Assessment Regulations 2005

42Election to use residual pricing method—participant in onshore GTL operation

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42 Election to use residual pricing method—participant in onshore GTL operation

(1) A participant in an integrated GTL operation that recovers petroleum from an onshore petroleum project may elect to use the residual pricing method.

Previous section41Review of decisions—prescribed decisions

Next section43Election to use modified residual pricing method—integrated GTL operation existing before 2 May 2010