MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
CHAPTER 3
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MRRT ALLOWANCES
PART 3-1
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ROYALTY ALLOWANCES
Division 60
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Royalty allowances
Operative provisions
SECTION 60-10
60-10
WHEN A MINER HAS A ROYALTY ALLOWANCE
A miner has a royalty allowance for a mining project interest for an * MRRT year if:
(a) the miner has a * mining profit for the interest for the year; and
(b) one or more * royalty credits ( available royalty credits ) relate to the interest.
A miner has a royalty allowance for a mining project interest for an * MRRT year if:
(a) the miner has a * mining profit for the interest for the year; and
(b) one or more * royalty credits ( available royalty credits ) relate to the interest.
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