Document ID: chunk:federal_register_of_legislation:F2024L00964:reg:36
Version: federal_register_of_legislation:F2024L00964
Segment Type: reg
Provision Reference: reg 36
Character Range: 77151–77803

36  Exclusion of certain costs of relevant operation
  For the purposes of step 2 of the residual pricing method, exclude a cost associated with the relevant operation if it is any of the following:
 (a) exploration expenditure incurred by a person in relation to a petroleum project (see section 37 of the Act);
 (b) a cost incurred in carrying out a feasibility or environmental study before the production of project sales gas;
 (c) a cost incurred in removing infrastructure facilities used for a relevant GTL operation;
 (d) an environmental restoration or site restoration cost;
 (e) expenditure listed in paragraphs 44(1)(a) to (h) of the Act.