155‑25 Extinguishing allowance component155‑25 Extinguishing allowance components

#### 155‑25 Extinguishing allowance components (1) If the \*termination day for a \*pre‑mining project interest happens in a particular \*MRRT year, an \*allowance component relating to the pre‑mining project interest: (a) is extinguished if it relates to that MRRT year or an earlier MRRT year, except to the extent that it is applied in working out, for that MRRT year: (i) in relation to the pre‑mining project interest, an amount, for the purposes of section 140‑10, corresponding to an \*MRRT allowance; or (ii) an MRRT allowance for any mining project interest; and (b) is extinguished if it relates to a later MRRT year, except to the extent that it is applied in working out, for that later MRRT year: (i) in relation to the pre‑mining project interest, an amount, for the purposes of section 140‑10, corresponding to an \*MRRT allowance; or (ii) an MRRT allowance for any mining project interest. (2) This section does not apply if the \*termination day happens because a mining project interest \*originates from the \*pre‑mining project interest.