Document ID: chunk:federal_register_of_legislation:C2014C00672:clause:7_37
Version: federal_register_of_legislation:C2014C00672
Segment Type: clause
Provision Reference: sch 7 cl 37
Character Range: 97033–97489

37  Subsection 125‑10(4) (note)
Repeal the note, substitute:
Note 1: If the new miner is not the same entity as the original miner, a new pre‑mining loss cap arises for the new interest under section 95‑30.
Note 2: If the original miner's MRRT year starts before a new miner's MRRT year, the effect of this provision is that amounts from before the start of the new miner's MRRT year are taken into account for the new miner in the new miner's MRRT year.