Queensland Consolidated Acts

THIESS PEABODY COAL PTY. LTD. AGREEMENT ACT 1962 - SECT 4A

4A Application of GST to rents after 30 June 2005

(1) This section applies to rent payable after 30 June 2005 under any coal mining lease or special coal mining lease under, or mentioned in, the agreement.

(2) If the rent is for a supply for which GST is payable, the rent payable is the total of—

(a) the rent that would have been payable if the rent were not for a supply for which GST is payable; and

(b) 10% of the rent that would have been payable if the rent were not for a supply for which GST is payable.

(3) Subsection (2) applies despite the following—

(a) sections 2 to 4 ;

(b) the agreement;

(c) the Thiess Peabody Mitsui Coal Pty. Ltd. Agreements Act 1965 or the railway agreement mentioned in that Act;

(d) the repealed section 11 of the Coal Mining Act 1925 , mentioned in the agreement;

(e) the repealed Mining Act 1968 ;

(f) the Mineral Resources Act 1989 .

(4) A reference in this section to the agreement includes any amendment of the agreement.