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s 56

Gross value of commodity sold or removed before 1 July 2013

In force
Part IXTransitional matters for Revenue Legislation Amendment Act 2013

56 Gross value of commodity sold or removed before 1 July 2013

(1)

This section applies for the purpose of determining the gross realization for a production unit for a royalty year any part of which was before 1 July 2013.

(2)

The gross value of a saleable mineral commodity that was sold or removed without sale from the production unit before 1 July 2013 is to be determined in accordance with this Act as in force before

1 July 2013.

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Section 56 — Gross value of commodity sold or removed before 1 July 2013 — Mineral Royalty Act 1982 (Northern Territory) — Barrister AI