Document ID: chunk:federal_register_of_legislation:C2014C00709:clause:3_25
Version: federal_register_of_legislation:C2014C00709
Segment Type: clause
Provision Reference: sch 3 cl 25
Character Range: 19501–20071

25  At the end of Subdivision 112‑A
Add:

112‑38  Geothermal extraction rights
  The first element of the *cost base and *reduced cost base of a *geothermal energy extraction right is nil if:
 (a) you *acquire the right because you *held a *geothermal exploration right; and
 (b) you stopped holding the geothermal exploration right because you acquired the geothermal energy extraction right; and
 (c) the area the geothermal energy extraction right relates to is the same as, or not significantly different from, the area the geothermal exploration right related to.