MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)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  

Guide to Division 255  

SECTION 255-1  

255-1   WHAT THIS DIVISION IS ABOUT  

The concept of integration of mining project interests is relevant to:

  • (a) whether a royalty credit for a mining project interest can be applied in working out a transferred royalty allowance for another mining project interest; and
  • (b) whether mining project interests are combined in a single mining project interest.

    • Note 1:

    For availability of royalty credits in working out transferred royalty allowances, see section 65-20 .

    Note 2:

    For when mining project interests are combined, see Subdivision 115-B .


    TABLE OF SECTIONS
    TABLE OF SECTIONS
    Operative provisions
    255-5 Upstream integration of mining project interests
    255-10 Downstream integration of mining project interests
    255-15 Meaning of downstream mining operations
    255-20 Choice to integrate

     

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