27
In forceAmount per tonne: coal not exported
Part 3Particular matters for royalties for certain minerals
Division 1Certain amounts for royalties based on quantity of mineral
27 Amount per tonne: coal not exported
(1)
This regulation applies in relation to coal (including lignite) obtained from a mining tenement if the coal is not exported.
(2)
For the purposes of the Table to Schedule 1 Division 1, the amount per tonne for a financial year is the amount calculated using the following formula —
where —
R is the amount;
X is the average ex‑mine value of Collie coal for the previous financial year;
Y is the average ex‑mine value of Collie coal for the financial year ending on 30 June 1981.
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