Taxation Code to the Timor Sea Treaty Between Australia and East Timor - Australian Government


You will be required to comply with this code if you intend to undertake petroleum exploration, extraction or production in the Joint Petroleum Development Area (JPDA). The code provides the underlying framework for the imposition of taxes on income arising out of exploration, development and exploitation of petroleum in the JPDA.

The JDPA is an area over which both Australia and East Timor claim sovereignty. Australia has title to 10% of the petroleum produced in the JPDA. The code applies Australia's taxation system to 10% of the income derived in the JPDA.

Service type

Code of Practice

A code of practice is a set of rules which details how people in a certain industry should behave. A code of practice can be defined as a result of legislation or by industry regulators and bodies.

Act(s) name

Petroleum (Timor Sea Treaty) Act 2003 Australian Government

Administering agency

Australian Taxation Office

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.