MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)

CHAPTER 3 - MRRT ALLOWANCES  

PART 3-5 - STARTING BASE ALLOWANCES  

Division 90 - Declines in value of starting base assets  

Subdivision 90-C - Base values under the market value approach  

SECTION 90-35  

90-35   APPLICATION OF THIS SUBDIVISION  
This Subdivision applies to a * starting base asset relating to a mining project interest if, under Division 85 , the market value approach is the valuation approach for the mining project interest.

Note:

A base value for an MRRT year during which the asset " rejoins " the starting base after a starting base adjustment event happened is worked out under section 165-60 .


This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.