MINERALS RESOURCE RENT TAX ACT 2012 [ REPEALED]

CHAPTER 4 - SPECIALIST LIABILITY RULES  

PART 4-1 - MINING PROJECT INTERESTS  

Division 120 - Transferring mining project interests  

Guide to Division 120  

SECTION 120-1   120-1   WHAT THIS DIVISION IS ABOUT  

If a mining project interest is transferred, in most respects the new miner takes over from the original miner in relation to MRRT matters. In particular, the new miner bears the MRRT liability for the transfer year.


TABLE OF SECTIONS
TABLE OF SECTIONS
Operative provisions
120-5 Object of this Division
120-10 Effect of mining project transfer
120-15 Effect of transferred property
120-20 Events happening after mining project transfer
120-25 Start of mining venture taken to be mining project transfer




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