Commonwealth Consolidated Acts

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PETROLEUM RESOURCE RENT TAX ASSESSMENT ACT 1987 - SECT 50

Arrangements

  (1)   In this Subdivision, arrangement means:

  (a)   any agreement, arrangement, understanding, promise or undertaking, whether express or implied, and whether or not enforceable, or intended to be enforceable, by legal proceedings; and

  (b)   any scheme, plan, proposal, action, course of action or course of conduct, whether unilateral or otherwise.

  (2)   A reference in this Subdivision to the carrying out of an arrangement by a person shall be read as including a reference to the carrying out of an arrangement by a person together with another person or other persons.



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