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TAXATION—MINERALS RESOURCE RENT TAX—BUDGET COST—ORDER FOR PRODUCTION OF DOCUMENTS

Senator Cormann, pursuant to notice of motion not objected to as a formal motion, moved general business notice of motion no. 931—That there be laid on the table by the Minister representing the Treasurer, no later than noon on Wednesday, 19 September 2012, information for each of the financial years 2012-13, 2013-14, 2014-15 and 2015-16 regarding:

 (a) the cost to the Budget of the various state government royalty increases announced after 2 May 2010 on coal and iron ore that are creditable against any Minerals Resource Rent Tax (MRRT) liability, broken down by state and commodity; and


 (b) the cost to the Budget of the upfront tax deductions able to be claimed by existing mining projects that are subject to the MRRT on the basis of the market valuation method.

Question put and passed.