MINERALS RESOURCE RENT TAX ACT 2012 [ REPEALED]

CHAPTER 4 - SPECIALIST LIABILITY RULES  

PART 4-1 - MINING PROJECT INTERESTS  

Division 135 - Ending mining project interests  

Operative provisions  

SECTION 135-15   THE EFFECT OF RENEWING OR CHANGING MINING VENTURES  

135-15(1)  
A change in, or a renewal of, a * mining venture to which a mining project interest relates does not cause the * termination day for the mining project interest to happen.

135-15(2)  
However, if the change in, or the renewal of, the * mining venture would otherwise result in the mining project interest covering an additional area:


(a) the * project area for the mining project interest does not include that additional area; and


(b) to avoid doubt, the additional area is the project area for another mining project interest.

Note:

The other mining project interest may be combined with the original mining project interest under Division 115 .




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