MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
An existing mining loss that relates to one of the constituent interests complies with this section if:
(a) under subsection 100-20(1) (available mining losses), the existing mining loss could be applied in working out a * transferred mining loss allowance for each of the other constituent interests for the * MRRT year if:
(i) the year were to end at the combining time; and
(ii) subsection 100-20(2) were disregarded; and
(b) in a case where one or more of the constituent interests is a combined interest under a previous application of this Division - section 115-60 does not prevent the existing mining loss from being so applied.
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