Minerals Resource Rent Tax (Consequential Amendments and Transitional Provisions) Act 2012
117‑5 Who must give MRRT returns117‑5 Who must give MRRT returns
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117‑5 Who must give MRRT returns
(1) If you have a *mining project interest, or *hold a *pre‑mining project interest, during an *MRRT year, you must give the Commissioner an *MRRT return for that year that relates to all such interests. (2) You must give the return whether or not you are liable to pay *MRRT for the *MRRT year. (3) You must give your *MRRT return for the *MRRT year to the Commissioner: (a) on or before the first day of the sixth month after the end of the year; or (b) within such further period as the Commissioner allows; or (c) if you are a member of a class of entities for which the Commissioner has determined a period under paragraph (5)(a)—within that further period; whichever is the latest.
Note: Section 286‑75 provides an administrative penalty for breach of this subsection.
(4) Despite subsection (1), you are not required to give the Commissioner an *MRRT return for an *MRRT year if: (a) you have made a valid choice under section 200‑10 of the Minerals Resource Rent Tax Act 2012 (choosing to use the simplified MRRT method) that has effect at the end of the year; or (b) you are a member of a class of entities that the Commissioner has exempted from providing a return for that year under paragraph (5)(b). (5) The Commissioner may, by legislative instrument, do either or both of the following: (a) determine a further period within which a class of entities may provide an *MRRT return for an *MRRT year; (b) exempt a class of entities from providing an MRRT return for an MRRT year.