MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
CHAPTER 6
-
INTERPRETING THIS ACT
PART 6-2
-
MEANING OF SOME IMPORTANT CONCEPTS
Division 255
-
Integrated mining project interests
Operative provisions
SECTION 255-5
255-5
UPSTREAM INTEGRATION OF MINING PROJECT INTERESTS
A mining project interest is integrated with another mining project interest at a time if:
(a) the same miner has both of the interests; and
(b) either:
(c) each of those interests relate to the same mine or proposed mine.
A mining project interest is integrated with another mining project interest at a time if:
(a) the same miner has both of the interests; and
(b) either:
(i) both the interests relate to iron ore; or
(ii) both the interests do not relate to iron ore; and
(c) each of those interests relate to the same mine or proposed mine.
Note:
Multiple mining project interests that are managed as a single operation and covered by a single mine plan would usually relate to the same mine.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.