MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
CHAPTER 4
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SPECIALIST LIABILITY RULES
PART 4-4
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VALUATION
Division 175
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Alternative valuation method
Subdivision 175-A
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Object of this Division
SECTION 175-5
175-5
OBJECT OF THIS DIVISION
The object of this Division is to provide an alternative method to work out * mining revenue under section 30-10 , so as to reduce compliance costs and increase certainty for miners that may find it particularly difficult to work out that revenue using that section, because:
(a) their mining operations are small; or
(b) since before 2 May 2010, their mining operations have been vertically integrated with other operations.
The object of this Division is to provide an alternative method to work out * mining revenue under section 30-10 , so as to reduce compliance costs and increase certainty for miners that may find it particularly difficult to work out that revenue using that section, because:
(a) their mining operations are small; or
(b) since before 2 May 2010, their mining operations have been vertically integrated with other operations.
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