CTHRepealedAct
Minerals Resource Rent Tax Act 2012
90‑50 Later base values90‑50 Later base values
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90‑50 Later base values
The base value of the *starting base asset, for an *MRRT year that is not the MRRT year in which the *start time for the asset happens, is an amount equal to the difference between: (a) the base value of the asset for the preceding MRRT year; and (b) the decline in value of the asset, worked out under section 90‑5, for the preceding MRRT year.