CTHRepealedAct
Minerals Resource Rent Tax Act 2012
215‑30 Mining project interests etc. spl215‑30 Mining project interests etc. split to leaving entity on leaving
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#### 215‑30 Mining project interests etc. split to leaving entity on leaving
(1) If:
(a) because of the application of section 215‑15, an \*entity is taken at a particular time to stop being part of the \*head company or \*provisional head company of a group; and
(b) the entitlement comprising a mining project interest the entity has just after that time is part, but not all, of the entitlement comprising the mining project interest the company had just before that time;
Division 125 applies as if a \*mining project split had happened in relation to the interests.
(2) If:
(a) because of the application of section 215‑15, an \*entity is taken at a particular time to stop being part of the \*head company or \*provisional head company of a group; and
(b) a \*pre‑mining project interest the entity \*holds just after that time is part, but not all, of a pre‑mining project interest the company held just before that time;
Division 150 applies as if a \*pre‑mining project split had happened in relation to the interests.