MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)

CHAPTER 2 - GENERAL LIABILITY RULES  

PART 2-3 - MINING PROFITS  

Division 35 - Mining expenditure  

Subdivision 35-B - Excluded expenditure  

SECTION 35-60  

35-60   NON-ADJACENT LAND AND BUILDINGS USED IN ADMINISTRATIVE OR ACCOUNTING ACTIVITIES  
An amount of expenditure is excluded expenditure to the extent that:

(a) it relates to land or buildings that are not located at or adjacent to the * project area for a mining project interest that the miner has; and

(b) the land or buildings are for use in connection with administrative or accounting activities; and

(c) the expenditure is of a capital nature.