Tax and Superannuation Laws Amendment (2015 Measures No. 2) Act 2015 (130 of 2015)

Schedule 1   Tax relief for certain mining arrangements

Part 2   Farm-in farm-out arrangements

Income Tax Assessment Act 1997

13   Section 112-97 (before table item 1)



You receive, under a *farm-in farm-out arrangement, an *exploration benefit or an entitlement to an exploration benefit

First element of cost base and reduced cost base

Section 40-1120