Section IS 6 — Income Tax Act 2007: When company stops being mining company

IS 6 When company stops being mining company For the purposes of sections IS 1 to IS 5 , if a mining company whose loss balance is carried forward to a tax year stops being a mining company at or before the end of the tax year, the company is nevertheless treated for the tax year as if it had continued as a mining company. Defined in this Act: loss balance , mining company , tax year , Compare: 2004 No 35 ss IH 1 , IH 4(1)(e)