MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
If, under Division 85 , the market value approach is the valuation approach for a mining project interest, treat as a single * starting base asset any 2 or more of the following that would (apart from this subsection) be starting base assets relating to the mining project interest:
(a) rights and interests that constitute the mining project interest;
(b) any * mining, quarrying or prospecting information , or rights to such information, relating to those rights and interests;
(c) goodwill relating to those rights and interests;
(d) any improvement to land (but not a fixture) in the * project area for the mining project interest.
80-30(2)
However, if:
(a) the mining project interest is, because of section 115-10 , a combined interest; and
(b) a constituent interest (as mentioned in that section) of the combined interest forms part of the combined interest only because a valid choice has been made under section 255-20 (downstream integration);
section 80-25 and subsection (1) of this section apply to the constituent interest as if it were a separate mining project interest, and applies to the combined interest as if it did not include the constituent interest.
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