Tax and Superannuation Laws Amendment (2013 Measures No. 1) Act 2013 (88 of 2013)
Schedule 7 Miscellaneous amendments
Part 1 Resource rent taxation
Minerals Resource Rent Tax Act 2012
29 Paragraph 115-15(2)(b)
Repeal the paragraph, substitute:
(b) the starting base loss for the combined interest for an *MRRT year is reduced by the amount of any declines in value, for the year, of *starting base assets that:
(i) relate to a constituent interest; and
(ii) do not comply with section 115-35.
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