Commonwealth Numbered Acts

INCOME TAX ASSESSMENT ACT 1997 No. 38 of 1997 - SECT 330.30

(1) Eligible mining or quarrying operations means *eligible mining operations
or *eligible quarrying operations.

(2) Eligible mining operations means:

   (a)  mining operations on a mining property for extracting *minerals (other
        than *petroleum) from their natural site for the *purpose of producing
        assessable income; or

   (b)  mining operations for the purpose of obtaining *petroleum for the
        *purpose of producing assessable income.

(3) Eligible quarrying operations means quarrying operations on a quarrying
property for extracting *quarry materials from their natural site for the
*purpose of producing assessable income. It does not include *eligible mining
operations.