Document ID: chunk:federal_register_of_legislation:C2015C00338:clause:1_4:p10
Version: federal_register_of_legislation:C2015C00338
Segment Type: clause
Provision Reference: sch 1 cl 4 (pt 10/17)
Character Range: 40949–43598

has the following instalment quarters in addition to the instalment quarters mentioned in subsection 115‑10(2):
 (a) your fifth instalment quarter consists of the 13th, 14th and 15th months of the MRRT year;
 (b) your sixth instalment quarter consists of the 16th, 17th and 18th months of the MRRT year;
 (c) your seventh instalment quarter consists of the 19th, 20th and 21st months of the MRRT year;
 (d) your eighth instalment quarter consists of the 22nd, 23rd and 24th months of the MRRT year.
 (2) Despite subsection (1) and subsection 115‑10(2):
 (a) you do not have any instalment quarters that begin after the end of an *MRRT year; and
 (b) an instalment quarter that would otherwise end after the end of an MRRT year consists instead of the period from the start of the instalment quarter to the end of the MRRT year.
Note: You will only have an MRRT year that is not a 12 month period if you are moving from one accounting period to another: see Division 190 of the Minerals Resource Rent Tax Act 2012.

Division 117—MRRT returns and starting base returns

Guide to Division 117

117‑1  What this Division is about

      You are obliged to give the Commissioner an MRRT return for each MRRT year in which you have a mining project interest or pre‑mining project interest, unless the Commissioner does not require you to lodge a return.
      You are also obliged to give the Commissioner a starting base return for the first MRRT year.

Table of sections

Operative provisions
117‑5 Who must give MRRT returns
117‑10 The form and contents of MRRT returns
117‑15 Additional MRRT returns
117‑20 Starting base returns
117‑25 Electronic lodgement of MRRT returns and starting base returns
117‑30 MRRT returns and starting base returns treated as being duly made

Operative provisions

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