TR 95/36A - Addendum
Income tax: characterisation of expenditure incurred in establishing and extending a mine
Please note that the PDF version is the authorised version of this ruling.View the consolidated version for this notice.
FOI status:may be released
The Tax Law Improvement Project is restructuring, renumbering and rewriting the income tax law in plain language. The Parliament is amending the income tax law progressively to reflect these aims. As new laws come into effect, Taxation Rulings about old laws are being brought into line with them.
This Addendum amends Taxation Ruling TR 95/36, in relation to the 1997-98 or a later income year, as follows:
Omit 'prescribed mining operations as defined in subsection 122(1) of Division 10 of Part III of the Income Tax Assessment Act 1936'; substitute 'eligible mining operations as defined in subsection 330-30(2) of the Income Tax Assessment Act 1997'.
Omit 'paragraph 122DG(3)(b)'; substitute 'section 330-100'.
- Omit 'subsection 51(1)'; substitute 'section 8-1';
- Omit 'section 122DG'; substitute 'Subdivision 330-C'.
Add 'of the Income Tax Assessment Act 1936' at the end of the first sentence.
Omit 'subsection 51(1)'; substitute 'section 8-1'.
Insert: 'Cross references of provisions
91. Subsection 330-30(2) (in relation to 'eligible mining operations'), section 330-100, section 8-1 and Subdivision 330-C of the Act, to which this Ruling refers, express the same ideas as subsection 122(1) (in relation to 'prescribed mining operations'), paragraph 122DG(3)(b), subsection 51(1) and section 122DG, respectively, of the Income Tax Assessment Act 1936.'
Commissioner of Taxation
6 August 1997