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EJ 13C: Well not producing
or “Tax rules for petroleum miners when a well stops producing”
You could also call this:

“This rule about spreading tax deductions to earlier years has been removed”

This section of the law, called ‘Spreading deduction backwards’, used to be part of the Income Tax Act 2007. However, it has been removed from the law. The government took it out on 1 April 2018. This means you can no longer use this rule when dealing with your taxes. If you need to know about spreading deductions, you should look at other parts of the tax law that are still in effect.

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Next up: EJ 15: Disposal of petroleum mining asset

or “Rules for tax deductions when selling a petroleum mining asset”
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Part E Timing and quantifying rules
Spreading of specific expenditure

EJ 14Spreading deduction backwards (Repealed)

    Notes
    • Section EJ 14: repealed, on , by section 73(1) (and see section 73(2) for application) of the Taxation (Annual Rates for 2017–18, Employment and Investment Income, and Remedial Matters) Act 2018 (2018 No 5).