165‑60 Effect on base value of use etc. 165‑60 Effect on base value of use etc. of starting base assets after starting base adjustment events

#### 165‑60 Effect on base value of use etc. of starting base assets after starting base adjustment events Despite sections 90‑30 and 90‑50, if: (a) during an \*MRRT year, a \*starting base adjustment event happened for a \*starting base asset relating to a mining project interest that a miner has; and (b) the starting base adjustment event happened other than because the miner ceased to \*hold the \*starting base asset; and (c) during a later MRRT year in which the miner holds the starting base asset, it starts to be: (i) used; or (ii) \*installed ready for use; or (iii) being constructed for use; in carrying on \*upstream mining operations relating to the mining project interest; the base value of the starting base asset, for the first MRRT year after the time at which the starting base adjustment event happened, is taken to be its \*termination value at that time. > Note: The base values of the starting base asset for later MRRT years will be worked out under section 90‑30 (book value approach) or 90‑50 (market value approach).