Minerals Resource Rent Tax (Consequential Amendments and Transitional Provisions) Act 2012 (14 of 2012)

Schedule 3   Amendment of other Acts

Part 2   Amendments with other commencements

Income Tax Assessment Act 1997

91   Subsection 995-1(1) (at the end of the definition of hold )

Add:

; and (d) hold a thing mentioned in subsection 250-5(2) of the Minerals Resource Rent Tax Act 2012 has the meaning given by sections 250-5 and 250-10 of that Act.

Note: The things mentioned in subsection 250-5(2) of that Act are starting base assets, an asset to which section 175-40 of that Act applies and a pre-mining project interest.