Income Tax Assessment Amendment (Junior Minerals Exploration Incentive) Regulations 2023 (F2023L00087)

Schedule 1   Amendments

Income Tax Assessment (1997 Act) Regulations 2021

1   At the end of Part 3-45

Add:

Division 418 - Exploration for minerals

Subdivision 418-DA - Exploration credits allocation

418-103.01 Meaning of annual exploration cap - 2023-24 income year

For the purposes of paragraph 418-103(1)(g) of the Act, the amount of $2.15 million is prescribed.