Section CT 6 — Income Tax Act 2007: Meaning of petroleum miner

CT 6 Meaning of petroleum miner Meaning (1) Petroleum miner , for a permit area, means a person who undertakes petroleum mining operations in the permit area. Exclusion (2) Petroleum miner does not include a person who undertakes petroleum mining operations for consideration that is not in the form of, or contingent on,— (a) the production of petroleum from the permit area; or (b) profits from the production of petroleum from the permit area; or (c) an interest or a right to an interest in the petroleum permit. Activities: inclusions [Repealed] (3) [Repealed] Activities: exclusions [Repealed] (4) [Repealed] Defined in this Act: consideration , permit area , petroleum , petroleum miner , petroleum mining operations, petroleum permit , Compare: 2004 No 35 s CT 6 Section CT 6(1): substituted, on 1 April 2008, by section 326(1) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109). Section CT 6(2): amended, on 1 April 2008, by section 326(2) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109). Section CT 6(3) heading: repealed, on 1 April 2008, by section 326(3) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109). Section CT 6(3): repealed, on 1 April 2008, by section 326(3) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109). Section CT 6(4) heading: repealed, on 1 April 2008, by section 326(3) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109). Section CT 6(4): repealed, on 1 April 2008, by section 326(3) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109). Section CT 6 list of defined terms petroleum mining operations : inserted, on 1 April 2008, by section 326(4)(a) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109). Section CT 6 list of defined terms removal or restoration operations : repealed, on 1 April 2008, by section 326(4)(b) of the Taxation (Business Taxation and Remedial Matters) Act 2007 (2007 No 109).