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Section 83

Power to make rules

of Petroleum (Income Tax) Act 1967

ActIn forceProvision 108 of 124
Section 83
(1)

The Minister may make rules—

(a)

prescribing, except where subsection 82(1) applies, any other thing required by this Act to be prescribed;

(b)

providing for transitional and saving regulations to have effect notwithstanding any provisions of this Act;

(ba) implementing and facilitating the operation of section 72A;

(bb) providing for the scope and procedure applied in relation to any arrangement made under section 71A;

(bc) implementing or facilitating the operation of an arrangement having effect under section 65AA;

(c)

for facilitating generally the operation of this Act.

(2)

Any rules made under subsection (1) shall be laid before the

House of Representatives.

Petroleum (Income Tax)

125