Treasury Laws Amendment (Junior Minerals Exploration Incentive) Act 2018 (15 of 2018)

Schedule 1   Junior minerals exploration incentive

Part 3   Repeal of Division 418

Income Tax Assessment Act 1997

50   Subsection 995-1(1)

Repeal the following definitions:

(a) definition of annual exploration cap ;

(b) definition of annual investment income report ;

(c) definition of excess exploration credit tax ;

(d) definition of exploration credit ;

(e) definition of exploration credits allocation ;

(f) definition of exploration credits remainder ;

(g) definition of exploration investment ;

(h) definition of greenfields minerals expenditure ;

(i) definition of greenfields minerals explorer ;

(j) definition of issue pool ;

(k) definition of maximum exploration credit amount .