MINERALS RESOURCE RENT TAX ACT 2012 [ REPEALED]

CHAPTER 3 - MRRT ALLOWANCES  

PART 3-1 - ROYALTY ALLOWANCES  

Division 60 - Royalty allowances  

Operative provisions  

SECTION 60-10   60-10   WHEN A MINER HAS A ROYALTY ALLOWANCE  
A miner has a royalty allowance for a mining project interest for an * MRRT year if:

(a) the miner has a * mining profit for the interest for the year; and

(b) one or more * royalty credits ( available royalty credits ) relate to the interest.