MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
CHAPTER 3
-
MRRT ALLOWANCES
PART 3-5
-
STARTING BASE ALLOWANCES
Division 90
-
Declines in value of starting base assets
Subdivision 90-C
-
Base values under the market value approach
SECTION 90-35
90-35
APPLICATION OF THIS SUBDIVISION
This Subdivision applies to a * starting base asset relating to a mining project interest if, under Division 85 , the market value approach is the valuation approach for the mining project interest.
This Subdivision applies to a * starting base asset relating to a mining project interest if, under Division 85 , the market value approach is the valuation approach for the mining project interest.
Note:
A base value for an MRRT year during which the asset " rejoins " the starting base after a starting base adjustment event happened is worked out under section 165-60 .
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.