MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
CHAPTER 4
-
SPECIALIST LIABILITY RULES
PART 4-1
-
MINING PROJECT INTERESTS
Division 135
-
Ending mining project interests
Operative provisions
SECTION 135-10
THE EFFECT OF RENEWING OR CHANGING PRODUCTION RIGHTS
135-10(1)
A change in, or a renewal of, the * production right to which a mining project interest relates does not cause the * termination day for the mining project interest to happen.
135-10(2)
However, if the change in, or the renewal of, the * production right would otherwise result in the mining project interest covering an additional area:
(a) the * project area for the mining project interest does not include that additional area; and
(b) to avoid doubt, the additional area is the project area for another mining project interest.
A change in, or a renewal of, the * production right to which a mining project interest relates does not cause the * termination day for the mining project interest to happen.
135-10(2)
However, if the change in, or the renewal of, the * production right would otherwise result in the mining project interest covering an additional area:
(a) the * project area for the mining project interest does not include that additional area; and
(b) to avoid doubt, the additional area is the project area for another mining project interest.
Note:
The other mining project interest may be combined with the original mining project interest under Division 115 .
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.