Taxpayers can apply for a combination certificate to allow two or more petroleum production licences to be recognised as a single project. This is done under the Petroleum Resource Rent Tax Assessment Act 1987. Combining licences avoids the need to assign costs and revenues to individual production licences.
There is no standard application form for the combination certificate process.
Two copies are required:
We aim to process your application within 3 months.
The Resources Minister considers applications based on our advice and may issue a certificate.
We will send you a copy of the certificate.
The Federal Register of Legislation website publishes certificates in two locations:
Last updated: 8 December 2020
Content ID: 44011