Show download pdf controls
  • Section F: Unapplied credits and losses

    Attention

    All labels in Section F need to be left blank if the suspension day for the MPI or the termination day for the PMPI has occurred. A suspension day or termination day extinguishes any unapplied credits and losses (excluding those that have been used or transferred).

    End of attention

    If you use an applicable functional currency, any unapplied portions of royalty credits, pre-mining losses, mining losses and starting base losses stay in your applicable functional currency and are uplifted in that currency. For reporting purposes only, you translate these amounts into Australian dollars. The exchange rate day is the last day of the MRRT year.

    Insert at label 26S any unapplied royalty credit from question 15 for this MPI or PMPI for the return period. Also include at label 26S, any unapplied royalty credits for this MPI from previous MRRT years, uplifted using the uplift rate. Unapplied royalty credits for the current return period should not be uplifted.

    Do not include at label 26S any royalty credits that have been transferred to reduce the mining profit of another MPI.

    Find out more

    MRRT allowances

    End of find out more

    Question 27 Total unapplied pre-mining loss

    Insert at label 27T any unapplied pre-mining losses from question 17 for this MPI or PMPI for this return period. Also include at label 27T, any unapplied pre-mining losses for this MPI or PMPI from previous MRRT years, uplifted using the uplift rate. Unapplied pre-mining losses for the current return period should not be uplifted.

    Do not include at label 27T any pre-mining losses that have been transferred and used to reduce the mining profit of another MPI or PMPI.

    Find out more

    MRRT allowances

    End of find out more

    Question 28 Total unapplied mining loss

    Insert at label 28U any unapplied mining losses from question 18 for this MPI for this return period. Also include at label 28U, any unapplied mining losses for this MPI from previous MRRT years, uplifted using the uplift rate. Unapplied mining losses for the current return period should not be uplifted.

    Do not include at label 28U any mining losses that have been transferred and used to reduce the mining profit of another MPI or PMPI.

    Find out more

    MRRT allowances

    End of find out more

    Question 29 Total unapplied starting base losses

    Insert at label 29V any unapplied starting base losses from question 19 for this MPI for this return period. Also include at label 29V, any unapplied starting base losses for this MPI from previous MRRT years, uplifted using the uplift rate. Unapplied starting base losses for the current return period should not be uplifted.

    Find out more

    MRRT allowances

    End of find out more
    Last modified: 13 Sep 2013QC 26704