sch.1-sec.4Bauxite

sch.1-sec.4 Bauxite

The royalty rate for bauxite sold, disposed of or used in a return period by the holder is— if the bauxite is mined for consumption outside the State—the higher of the following— 10% of the value of the bauxite; $2 for each tonne of bauxite; or if the bauxite is mined for consumption within the State— for a holder who has also sold, disposed of or used bauxite in the return period that is mined for consumption outside the State—the higher of the following— 75% of the amount per tonne of the rate calculated under paragraph (a) (i) , rounded down to 2 decimal places; $1.50 per tonne of bauxite; or otherwise—$1.50 per tonne of bauxite.

• (a) if the bauxite is mined for consumption outside the State—the higher of the following— (i) 10% of the value of the bauxite; (ii) $2 for each tonne of bauxite; or
• (i) 10% of the value of the bauxite;
• (ii) $2 for each tonne of bauxite; or
• (b) if the bauxite is mined for consumption within the State— (i) for a holder who has also sold, disposed of or used bauxite in the return period that is mined for consumption outside the State—the higher of the following— (A) 75% of the amount per tonne of the rate calculated under paragraph (a) (i) , rounded down to 2 decimal places; (B) $1.50 per tonne of bauxite; or (ii) otherwise—$1.50 per tonne of bauxite.
• (i) for a holder who has also sold, disposed of or used bauxite in the return period that is mined for consumption outside the State—the higher of the following— (A) 75% of the amount per tonne of the rate calculated under paragraph (a) (i) , rounded down to 2 decimal places; (B) $1.50 per tonne of bauxite; or
• (A) 75% of the amount per tonne of the rate calculated under paragraph (a) (i) , rounded down to 2 decimal places;
• (B) $1.50 per tonne of bauxite; or
• (ii) otherwise—$1.50 per tonne of bauxite.
• (i) 10% of the value of the bauxite;
• (ii) $2 for each tonne of bauxite; or
• (i) for a holder who has also sold, disposed of or used bauxite in the return period that is mined for consumption outside the State—the higher of the following— (A) 75% of the amount per tonne of the rate calculated under paragraph (a) (i) , rounded down to 2 decimal places; (B) $1.50 per tonne of bauxite; or
• (A) 75% of the amount per tonne of the rate calculated under paragraph (a) (i) , rounded down to 2 decimal places;
• (B) $1.50 per tonne of bauxite; or
• (ii) otherwise—$1.50 per tonne of bauxite.
• (A) 75% of the amount per tonne of the rate calculated under paragraph (a) (i) , rounded down to 2 decimal places;
• (B) $1.50 per tonne of bauxite; or