(1) These are not assessable income and are not * exempt income:
(a) a * mining payment made to a * distributing body;
(b) a mining payment made to one or more * Indigenous persons, or applied for their benefit.
(2) A payment:
(a) made to a * distributing body; or
(b) made to one or more * Indigenous persons, or applied for their benefit;
is not assessable income and is not * exempt income if the payment is made by a * distributing body out of a * mining payment that it has received.
(3) A payment made to a * distributing body by another distributing body, out of a * mining payment received by the other distributing body, is taken to be a mining payment for the purposes of:
(a) any further applications of subsection (2); and
(b) any further applications of this subsection.
(4) Subsection (2) does not apply to a payment by a * distributing body for the purposes of meeting its administrative costs.
(5) This section does not apply to an amount paid to or applied for the benefit of a person if it is remuneration or consideration for goods or services provided by that person.