#### 125‑15 Meaning of split percentage (1) The split percentage for a new interest a miner has just after a \*mining project split is the percentage that best reflects a reasonable approximation of the \*market value of the new interest, expressed as a percentage of the sum of the market values of all the new interests arising from the split. (2) The \*market values mentioned in subsection (1) are those values just after the \*mining project split to which the new interest relates. (3) To avoid doubt, the sum of the \*split percentages for the new interests must equal 100%.

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Section 125‑15 Meaning of split percentage - Minerals Resource Rent Tax Act 2012 - 125‑15 Meaning of split percentage — Zoe