MINERALS RESOURCE RENT TAX ACT 2012 [ REPEALED]

CHAPTER 4 - SPECIALIST LIABILITY RULES  

PART 4-7 - ENTITIES  

Division 215 - Consolidated groups  

Operative provisions  

SECTION 215-20   215-20   PROJECT INTERESTS TRANSFERRED TO HEAD COMPANY ETC. ON JOINING  
If, because of the application of section 215-15 , an * entity is taken at a particular time to start being part of the * head company or * provisional head company of a group:


(a) Division 120 applies as if each mining project interest the entity had just before that time had been transferred to the company under a * mining project transfer ; and


(b) Division 145 applies as if each * pre-mining project interest the entity * held just before that time had been transferred to the company under a * pre-mining project transfer .




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