MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)

CHAPTER 3 - MRRT ALLOWANCES

PART 3-7 - TRANSFERRED MINING LOSS ALLOWANCES

Division 100 - Transferred mining loss allowances

Guide to Division 100

SECTION 100-1

100-1 WHAT THIS DIVISION IS ABOUT

A miner ' s MRRT liability for a mining project interest may be reduced by mining losses from one or more other mining project interests.

The interests must satisfy a common ownership test from the year the loss arises to the year the loss is applied.

TABLE OF SECTIONS

**TABLE OF SECTIONS**
Operative provisions
100-5	Object of this Division
100-10	When a miner has a transferred mining loss allowance
100-15	The amount of a transferred mining loss allowance
100-20	Available mining losses
100-25	Common ownership test