215‑30 Mining project interests etc. spl215‑30 Mining project interests etc. split to leaving entity on leaving

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.