CTHRepealedAct
Minerals Resource Rent Tax Act 2012
90‑30 Later base values90‑30 Later base values
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#### 90‑30 Later base values
The base value of the \*starting base asset, for an \*MRRT year that is after the MRRT year in which the \*start time for the asset happens, is:
where:
> preceding base value is the base value of the asset for the preceding \*MRRT year.
> preceding decline in value is the decline in value of the asset, worked out under section 90‑5, for the preceding \*MRRT year.
> uplift factor is:
> 