115‑10 Mining project interests may be t115‑10 Mining project interests may be treated as the same mining project interest

#### 115‑10 Mining project interests may be treated as the same mining project interest (1) For the purposes of the \*MRRT law (other than this Division and Division 255), 2 or more mining project interests (constituent interests) are taken to be the same mining project interest (the combined interest) from a particular time (the combining time) during an \*MRRT year if: (a) each of the constituent interests is \*integrated with each of the other constituent interests; and (b) each \*royalty credit relating to any of the constituent interests complies with section 115‑20; and (c) each amount (an existing pre‑mining loss) that: (i) is a \*pre‑mining loss relating to any of the constituent interests; or (ii) if the MRRT year were to end at the combining time, would be a pre‑mining loss relating to any of the constituent interests; complies with section 115‑25; and (d) each amount (an existing mining loss) that: (i) is a \*mining loss relating to any of the constituent interests; or (ii) if the MRRT year were to end at the combining time, would be a mining loss relating to any of the constituent interests; complies with section 115‑30; and (e) each \*starting base loss, or \*starting base asset that has a \*base value greater than zero, relating to any of the constituent interests complies with section 115‑35. > Note: For when interests are integrated, see Division 255. (2) Any of the constituent interests may be mining project interests to which this section has already applied. (3) However, if the \*suspension day for a mining project interest has happened, the mining project interest cannot be a constituent interest.