MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)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
Guide to Division 65
SECTION 65-1
WHAT THIS DIVISION IS ABOUT
A miner ' s MRRT liability for a mining project interest may be reduced by mining royalties, paid to the Commonwealth, States and Territories, that relate to one or more other mining project interests.
The interests must satisfy an integration test from the time the royalty is incurred to the time it reduces the MRRT liability.
| Operative provisions | |
| 65-5 | Object of this Division |
| 65-10 | When a miner has a transferred royalty allowance |
| 65-15 | The amount of a transferred royalty allowance |
| 65-20 | Available royalty credits |
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