Section CU 21 — Income Tax Act 2007: Meaning of income from mining

CU 21 Meaning of income from mining Meaning (1) Income from mining means the part of the income of a mining company that is derived in an income year from the company’s mining operations or associated mining operations in the tax year. Resident mining operators and non-resident mining operators (2) This definition applies to resident mining operators as if they were mining companies, and to non-resident mining operators as if they were mining companies, mining operations were mining ventures, and associated mining operations were mining ventures. Defined in this Act: associated mining operations , income , income from mining , income year , mining company , mining operations , mining venture , non-resident mining operator , resident mining operator , Compare: 2004 No 35 s CU 21