CTHRepealedLegislation
Petroleum Resource Rent Tax Assessment Regulations 2005
4AWhen integrated GTE operation exists
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## 4A When integrated GTE operation exists
(2) The project natural gas of the integrated GTE operation is the petroleum (natural gas) mentioned in paragraph (1)(a) from which sales gas will be produced and consumed in the production of electricity within the overall operation (including any of that natural gas that is used in that production).
(3) The project sales gas of the integrated GTE operation is the sales gas mentioned in paragraph (1)(b) that will be consumed in the production of electricity within the overall operation (including any of that sales gas that is used in that production).
(5) The project natural gas, project sales gas and project electricity are project product of the integrated GTE operation.
(6) The year of tax in which the project sales gas is first consumed in the production of project electricity is the production year for the integrated GTE operation.
(8) The period beginning with the production year and ending with the year of tax in which projects sales gas is last consumed in the production of project electricity is the operating life of the integrated GTE operation.
(9) If the integrated GTE operation produces a marketable petroleum commodity other than project sales gas, the year of tax in which it is first produced is the MPC production year for the integrated GTE operation.