MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
CHAPTER 2
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GENERAL LIABILITY RULES
PART 2-3
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MINING PROFITS
Division 35
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Mining expenditure
Subdivision 35-B
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Excluded expenditure
SECTION 35-60
35-60
NON-ADJACENT LAND AND BUILDINGS USED IN ADMINISTRATIVE OR ACCOUNTING ACTIVITIES
An amount of expenditure is excluded expenditure to the extent that:
(a) it relates to land or buildings that are not located at or adjacent to the * project area for a mining project interest that the miner has; and
(b) the land or buildings are for use in connection with administrative or accounting activities; and
(c) the expenditure is of a capital nature.
An amount of expenditure is excluded expenditure to the extent that:
(a) it relates to land or buildings that are not located at or adjacent to the * project area for a mining project interest that the miner has; and
(b) the land or buildings are for use in connection with administrative or accounting activities; and
(c) the expenditure is of a capital nature.
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