MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)

CHAPTER 4 - SPECIALIST LIABILITY RULES  

PART 4-2 - PRE-MINING PROJECT INTERESTS  

Division 155 - Ending pre-mining project interests  

Operative provisions  

SECTION 155-20   CONTINUATION OF OBLIGATIONS ETC. AFTER THE TERMINATION DAY  

155-20(1)    
After the * termination day for a * pre-mining project interest , the last * entity to have * held the pre-mining project interest is taken, for the purposes of the * MRRT law , to continue to hold the pre-mining project interest:

(a) for the whole of the remainder of the * MRRT year in which the termination day happens; and

(b) for the whole of any later MRRT year.

155-20(2)    
This section does not apply if the * termination day happens because a mining project interest * originates from the * pre-mining project interest .