Document ID: chunk:federal_register_of_legislation:C2010C00679:section:1953:p9
Version: federal_register_of_legislation:C2010C00679
Segment Type: section
Provision Reference: s 1953 (pt 9/14)
Character Range: 158531–161311

body from
the Register of Commercial Government Bodies; and
    (ii) giving the reasons for considering the removal of the body;
and
  (b) invited the body to make a written submission to the Board:
    (i) within 60 days of receiving the notice; and
    (ii) about the proposed removal; and
  (c) if such a submission is made within that period-had regard to the
matters raised in the submission.
(When removal takes effect)
  "(3) If the Board decides to remove the body from the Register of Commercial
Government Bodies, the removal takes effect on the day on which the notice
mentioned in paragraph (2)(a) was given to the body.
(Notification of removal)
  "(4) If the Board decides to remove the body from the Register of Commercial
Government Bodies, the Board must give written notice of the removal to the
body.".

TAXATION LAWS AMENDMENT ACT (No. 5) 1992 No. 224 of 1992
- SECT 111
Review of decisions by Administrative Appeals Tribunal

  111. Section 39T of the Principal Act is amended by inserting in paragraph
        (l)(b) "39HD, 39HF," before "39M".

TAXATION LAWS AMENDMENT ACT (No. 5) 1992 No. 224 of 1992
- SECT 112
Statements to accompany notification of decisions

  112. Section 39U of the Principal Act is amended by inserting in subsection
(3) "39HD, 39HF," before "39M".

PART 5 - AMENDMENT OF THE PETROLEUM RESOURCE RENT TAX ASSESSMENT ACT 1987

TAXATION LAWS AMENDMENT ACT (No. 5) 1992 No. 224 of 1992
- SECT 113
Principal Act

  113. In this Part, "Principal Act" means the Petroleum Resource Rent Tax
Assessment Act 1987.*4*
*4* No. 142, 1987, as amended.  For previous amendments, see No. 97, 1988; No.
60, 1990; Nos. 80 and 216, 1991; and Nos. 92 and 118, 1992.

TAXATION LAWS AMENDMENT ACT (No. 5) 1992 No. 224 of 1992
- SECT 114
Transfer of entire entitlement to assessable receipts

  114. Section 48 of the Principal Act is amended:
  (a) by inserting in subparagraph (a)(i) "(other than class 2 augmented bond
rate exploration expenditure or class 2 GDP factor expenditure)" after
"deductible expenditure" (first occurring);
  (b) by inserting in subparagraph (a)(i) "such" before "deductible
expenditure" (second occurring);
  (c) by inserting after subparagraph (a)(i) the following subparagraph and
Note:
    "(ia) to have incurred, in relation to the project, any
expenditure that, if the financial year in which the transaction is or was
entered into had ended immediately before the transfer time, would, within the
meaning of the Schedule, have been included in the incurred exploration
expenditure amount in relation to the vendor, the project and the financial
year or a previous financial year; and
Note: this is expenditure on which class 2 augmented bond rate exploration
expenditure and class 2 GDP factor expenditure are based.";