CTHRepealedAct
Minerals Resource Rent Tax Act 2012
145‑5 Object of this Division145‑5 Object of this Division
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145‑5 Object of this Division
The object of this Division is to ensure that, if a *pre‑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) the *MRRT liability for the interest for the part of the *MRRT year before the transfer attaches to the explorer who has the interest after the transfer, and not to the explorer who had the interest before the transfer.