MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
A change in, or a renewal of, the * exploration right to which a * pre-mining project interest relates does not cause the * termination day for the pre-mining project interest to happen.
155-10(2)
However, if the change in, or the renewal of, the * exploration right results in the exploration right covering an additional area:
(a) the * project area for the * pre-mining project interest does not include that additional area, unless the additional area is insignificant; and
(b) to avoid doubt, the additional area is the project area for another pre-mining project interest, unless the additional area is insignificant.
155-10(3)
In determining, for the purposes of subsection (2), whether an additional area is insignificant, assume that the additional area includes any other such additional areas that have been included in the * project area for the * pre-mining project interest because of a previous application of that subsection.
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