Section 1134: “Oil and gas exploration and appraisal”
3244.This section defines the expression “oil and gas exploration and approval”. It is based on section 837B of ICTA. The corresponding provision for income tax is in section 1003 of ITA.
3244.This section defines the expression “oil and gas exploration and approval”. It is based on section 837B of ICTA. The corresponding provision for income tax is in section 1003 of ITA.
Text created by the government department responsible for the subject matter of the Act to explain what the Act sets out to achieve and to make the Act accessible to readers who are not legally qualified. Explanatory Notes were introduced in 1999 and accompany all Public Acts except Appropriation, Consolidated Fund, Finance and Consolidation Acts.
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