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Minerals Resource Rent Tax Act 2012
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Turn the raw legal text into a practical explanation grounded in Minerals Resource Rent Tax Act 2012.
(1) A change in, or a renewal of, the *production right to which a mining project interest relates does not cause the *termination day for the mining project interest to happen. (2) However, if the change in, or the renewal of, the *production right would otherwise result in the mining project interest covering an additional area: (a) the *project area for the mining project interest does not include that additional area; and (b) to avoid doubt, the additional area is the project area for another mining project interest.
Note: The other mining project interest may be combined with the original mining project interest under Division 115.