MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)

CHAPTER 2 - GENERAL LIABILITY RULES

PART 2-3 - MINING PROFITS

Division 40 - Valuation point

Guide to Division 40

SECTION 40-1 WHAT THIS DIVISION IS ABOUT

The concept of the valuation point is central to determining the revenue and expenditure that make up mining profit.

The valuation point is a defined point in the extractive process.

TABLE OF SECTIONS

**TABLE OF SECTIONS**
Operative provisions
40-5	Meaning of *valuation point*