CTHRepealedAct
Minerals Resource Rent Tax Act 2012
120‑5 Object of this Division120‑5 Object of this Division
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120‑5 Object of this Division
The object of this Division is to ensure that, if a mining project interest is transferred: (a) consistent with the MRRT being a project‑based tax, matters relevant to the MRRT that are connected with the interest before the transfer remain connected with the interest after the transfer; and (b) in particular, the *MRRT liability for the interest for the part of the *MRRT year before the transfer attaches to the miner who has the interest after the transfer, and not to the miner who had the interest before the transfer.