Commonwealth legislation

Minerals Resource Rent Tax Repeal and Other Measures Commencement Proclamation 2014

RepealedCTH

This Act has been repealed and is no longer in force. It is retained for historical reference.

Jurisdiction

Commonwealth

Collection

legislative instrument

Plain English Summary

1/10 complexity

This is a formal legal notice (a proclamation) signed by the Governor-General that acts as the 'on switch' for the mining tax repeal. It sets 30 September 2014 as the official start date for Schedules 1 to 5 of the Minerals Resource Rent Tax Repeal and Other Measures Act 2014.

What this means:

The Minerals Resource Rent Tax (MRRT) — a tax on large coal and iron ore mining profits — officially ceased to apply from this date
All the rules in the first five schedules of the repeal Act (including the actual repeal, cleanup amendments to other laws, and transitional rules) took effect on 30 September 2014

Without this document, the repeal Act would have remained dormant on the statute books. This proclamation makes the tax cut legally real.

JSON API Tax / GST / superannuation

Deep dive

Want the full deep dive?

Zoe can write the in-depth analysis on top of the summary above: how it works, who it affects and what each part actually does.

Current sections

Direct links to the current provisions in Minerals Resource Rent Tax Repeal and Other Measures Commencement Proclamation 2014.

Minerals Resource Rent Tax Repeal and Other Measures Commencement Proclamation 2014

meta-content-style-type: text/css meta-content-type: application/xhtml+xml; charset=utf-8 meta-generator: Aspose.Words for .NET 20.2

?xml version="1.0" encoding="utf-8" standalone="no"?>

View image in the official source

Minerals Resource Rent Tax Repeal and Other Measures Commencement Proclamation 2014

I, General the Honourable Sir Peter Cosgrove AK MC (Ret’d), Governor‑General of the Commonwealth of Australia, acting with the advice of the Federal Executive Council and under item 2 of the table in subsection 2(1) of the Minerals Resource Rent Tax Repeal and Other Measures Act 2014, fix 30 September 2014 as the day on which Schedules 1 to 5 to that Act commence.

Signed and sealed with the Great Seal of Australia on 18 September 2014

Peter Cosgrove

Governor‑General

By His Excellency’s Command

Joe Hockey

Treasurer

Source text

Sourced from the Federal Register of Legislation (legislation.gov.au), CC BY 4.0.

meta-content-style-type: text/css meta-content-type: application/xhtml+xml; charset=utf-8 meta-generator: Aspose.Words for .NET 20.2

?xml version="1.0" encoding="utf-8" standalone="no"?>

Minerals Resource Rent Tax Repeal and Other Measures Commencement Proclamation 2014

Signed and sealed with the Great Seal of Australia on 18 September 2014

Peter Cosgrove

Governor‑General

By His Excellency’s Command

Joe Hockey

Treasurer