MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
CHAPTER 3
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MRRT ALLOWANCES
PART 3-4
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MINING LOSS ALLOWANCES
Division 75
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Mining loss allowances
Operative provisions
SECTION 75-15
THE AMOUNT OF A MINING LOSS ALLOWANCE
75-15(1)
The amount of the miner ' s * mining loss allowance is so much of the sum of the available mining losses as does not exceed the remaining profit.
75-15(2)
In working out the amount of a * mining loss allowance , * mining losses are applied in the order in which they arise.
The amount of the miner ' s * mining loss allowance is so much of the sum of the available mining losses as does not exceed the remaining profit.
75-15(2)
In working out the amount of a * mining loss allowance , * mining losses are applied in the order in which they arise.
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