Document ID: chunk:federal_register_of_legislation:C2014C00672:clause:7_49
Version: federal_register_of_legislation:C2014C00672
Segment Type: clause
Provision Reference: sch 7 cl 49
Character Range: 99565–100672

49  At the end of section 160‑15
Add:
 (5) If this Division has given rise to a mining adjustment in relation to an original amount of *mining expenditure to which subsection 30‑40(2) applies, that subsection has effect as if:
 (a) the adjustment mentioned in column 3 of the table in subsection (1) of this section had not been made; and
 (b) the original amount had instead been increased or decreased (as the case requires) as mentioned in column 2 of that table by the amount of the adjustment.
 (6) If this Division has given rise to a mining adjustment in relation to an original amount of *pre‑mining expenditure to which paragraph 70‑40(2)(b) applies, and to which subsection 30‑40(2) would have applied if the pre‑mining expenditure had been mining expenditure for a mining project interest, that paragraph has effect as if:
 (a) the adjustment mentioned in column 3 of the table in subsection (1) of this section had not been made; and
 (b) the original amount had instead been increased or decreased (as the case requires) as mentioned in column 2 of that table by the amount of the adjustment.