CTHRepealedAct
Minerals Resource Rent Tax Act 2012
75‑15 The amount of a mining loss allowa75‑15 The amount of a mining loss allowance
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75‑15 The amount of a mining loss allowance
(1) The amount of the miner’s *mining loss allowance is so much of the sum of the available mining losses as does not exceed the remaining profit. (2) In working out the amount of a *mining loss allowance, *mining losses are applied in the order in which they arise.