Treasury Laws Amendment (Junior Minerals Exploration Incentive) Act 2018 (15 of 2018)

Schedule 1   Junior minerals exploration incentive

Part 1   Main amendments

Income Tax Assessment Act 1997

6   Paragraph 418-185(2)(a)

Repeal the paragraph, substitute:

(a) if, at the time the notice is given, the entity has not issued any *exploration credits for the income year (the credit year ) immediately preceding the income year in which the notice is given - the credit year; or

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