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PETROLEUM RESOURCE RENT TAX (IMPOSITION--GENERAL) ACT 2012 (NO. 21, 2012) - NOTES

 

No. 21, 2012

 

 

 

 

 

  

  

  


Contents

1............ Short title............................................................................................. 1

2............ Commencement................................................................................... 2

3............ Incorporation....................................................................................... 2

4............ Imposition of tax................................................................................. 2

5............ Rate of tax........................................................................................... 2

6............ Act does not impose a tax on property of a State................................ 2

 


 

 

Petroleum Resource Rent Tax (Imposition--General) Act 2012

No. 21, 2012

 

 

 

An Act to impose a tax in respect of the profits of certain petroleum projects, so far as that tax is neither a duty of customs nor a duty of excise

[Assented to 29 March 2012]

The Parliament of Australia enacts:

[Minister's second reading speech made in--

House of Representatives on 2 November 2011

Senate on 7 February 2012]

(228/11)

 



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