Commonwealth Consolidated Acts Commonwealth Consolidated ActsIf an * exploration credit is issued by an entity (the minerals explorer ) for an income year to another entity (the investor ) in relation to * exploration investment made by the investor in the minerals explorer in an income year (the investment year ):
(a) the proportion of the * issue pool for exploration investment made in the minerals explorer in the investment year that is issued to the investor as an exploration credit must be the same as the proportion of the total exploration investment in the minerals explorer in the investment year that is represented by the investor's exploration investment in the minerals explorer in the investment year; and
(b) the minerals explorer must issue an exploration credit to
every entity who made an exploration investment in the minerals explorer in
the investment year.