85‑1 What this Division is about85‑1 What this Division is about

#### 85‑1 What this Division is about The 2 valuation approaches are the book value approach and the market value approach. An entity can choose which valuation approach to apply to all of its starting base assets relating to a mining project interest (or a pre‑mining project interest). > Note: In some limited cases in which the market value approach would otherwise apply, a look‑back approach to valuation can be chosen: see Division 180. Table of sections Operative provisions 85‑5 Choosing a valuation approach 85‑10 Restriction on specifying the book value approach 85‑15 The valuation approach for a mining project interest