MINERALS RESOURCE RENT TAX ACT 2012 (REPEALED)
For the purposes of this Act, if:
(a) an * entity receives a * non-cash benefit from another entity; and
(b) the entity makes no payment, and gives no non-cash benefit, to any entity at any time for the non-cash benefit the entity receives;
the entity is taken, at the time the entity receives the benefit, to receive an amount equal to the * market value of the benefit and to pay the same amount for the benefit.
195-15(2)
For the purposes of this Act, if:
(a) an * entity gives a * non-cash benefit to another entity; and
(b) the entity receives no payment, and receives no non-cash benefit, from any entity at any time for the non-cash benefit the entity gives;
the entity is taken, at the time the entity gives the benefit, to pay an amount equal to the * market value of the benefit and to receive the same amount for the benefit.
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