INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART III - LIABILITY TO TAXATION  

Division 10AAA - Transport of minerals and quarry materials  

Subdivision B - Transport of quarry materials  

SECTION 123BC   INTERPRETATION  

123BC(1)   [Definitions]  

In this Subdivision:

eligible quarrying operations
has the same meaning as in Subdivision B of Division 10 .

housing and welfare facilities
has the same meaning as in Subdivision A.

prescribed body
has the same meaning as in Subdivision A.

processed materials
means:

(a) materials resulting from the treatment of quarry materials; and

(b) materials resulting from sintering or calcining; and

(c) such other materials, or materials resulting from such other processes, as are prescribed.

quarry materials
has the same meaning as in Subdivision B of Division 10 .

treatment
has the same meaning as in Subdivision B of Division 10 .

123BC(2)   [Port facility or other facility for ships]  

In this Subdivision, a reference to a railway, road, pipe-line or other facility is to be read as including a reference to a port facility or other facility for ships.

123BC(3)   [Capital expenditure]  

In this Subdivision, a reference to capital expenditure on a railway, road, pipe-line or other facility is to be read as including a reference to capital expenditure incurred by a person:

(a) in obtaining a right, whether by means of a licence, permit or otherwise, to construct or install a railway, road, pipe-line or other facility, or a part of a railway, road, pipe-line or other facility, on land owned or leased by another person; or

(b) in paying compensation in respect of any damage or loss caused by the construction or installation of a railway, road, pipe-line or other facility or of a part of a railway, road, pipe-line or other facility; or

(c) on earthworks, bridges, tunnels and cuttings that are necessary for a railway, road, pipe-line or other facility; or

(d) where the person is a prescribed body - on railway rolling-stock;

but as not including a reference to expenditure in respect of:

(e) road vehicles or ships; or

(f) except as mentioned in paragraph (d) - railway rolling-stock; or

(g) housing or welfare facilities, or works for the provision of water, light or power, in connection with a port facility or other facility for ships.