MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
CHAPTER 3
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MRRT ALLOWANCES
PART 3-2
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TRANSFERRED ROYALTY ALLOWANCES
Division 65
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Transferred royalty allowances
Operative provisions
SECTION 65-5
65-5
OBJECT OF THIS DIVISION
The object of this Division is to enable * royalty credits arising in relation to a mining project interest to reduce the * MRRT liability of certain other mining project interests, if the interests are * integrated from the time the royalty credits arise to the end of the * MRRT year in which they are to be applied.
The object of this Division is to enable * royalty credits arising in relation to a mining project interest to reduce the * MRRT liability of certain other mining project interests, if the interests are * integrated from the time the royalty credits arise to the end of the * MRRT year in which they are to be applied.
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