Effective Life 2003/3


Commonwealth of Australia

This Legislative Instrument has been repealed by Treasury (Spent and Redundant Instruments) Repeal Regulation 2013.

Income Tax Assessment Act 1997

I, BRUCE WILLIAM QUIGLEY, Deputy Chief Tax Counsel, make this Determination under subsection 40-100(1) of the Income Tax Assessment Act 1997.

1 Name of Determination

This Determination is the Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2003 (No. 3).

2 Commencement

This Determination commences on 1 January 2004.

3 Amendment of Income Tax (Effective Life of Depreciating Assets) Determination 2001

Schedule 1 amends the Income Tax (Effective Life of Depreciating Assets) Determination 2001.

Schedule 1 Amendments

(section 3)

[1] Table A, industry category Agriculture, Forestry and Fishing (01110 to 04203), sub-category Agriculture (01110 to 02200), under the heading "Silos"

omit

    Concrete 100 1 Jan 2001

[2] Table A, industry category Health and Community Services (86110 to 87290), sub-category Ophthalmology, Optometry and Optical dispensing (86228 and 86320)

substitute

Ophthalmology, Optometry and Optical dispensing
( 86228 and 86320 )
Optical assets :      
    Automatic Refractometers/Keratometers 5  *  1 Jan 2004
    Cameras (including anterior segment cameras, retinal cameras, fundus cameras):      
        Analogue 8  *  1 Jan 2004
        Digital 4  *  1 Jan 2004
    Colour vision testers (automated) 8  *  1 Jan 2004
    Corneal topography systems 5  *  1 Jan 2004
    Examination chairs 10  *  1 Jan 2004
    Glaucoma diagnostic assets (including ocular coherence tomographs (OCT), scanning laser ophthalmoscopes and scanning laser polarimeters) 5  *  1 Jan 2004
    Keratometers (Ophthalmometers):      
        Automated 5  *  1 Jan 2004
        Manual 12  *  1 Jan 2004
    Ophthalmic surgery assets:      
        Microkeratome 3  *  1 Jan 2004
        Ophthalmic cryo surgery systems 5  *  1 Jan 2004
        Ophthalmic diathermy surgery systems 5  *  1 Jan 2004
        Ophthalmic lasers:      
            Non-refractive 10  *  1 Jan 2004
            Refractive (including eye tracking systems) 4  *  1 Jan 2004
        Phacoemulsification systems 4  *  1 Jan 2004
        Pupillometers (used for refractive surgery) 5  *  1 Jan 2004
        Vitrectomy systems 4  *  1 Jan 2004
        Wave front analysers 4  *  1 Jan 2004
    Ophthalmic viewers 5  *  1 Jan 2004
    Ophthalmoscopes:      
        Direct (including power supply) 8  *  1 Jan 2004
        Indirect 9  *  1 Jan 2004
    Refraction units (including examination chair, instrument arms, table and light source) 10  *  1 Jan 2004
    Refractometers (automated) 5  *  1 Jan 2004
    Slit lamp biomicroscopes:      
        Hand-held 9  *  1 Jan 2004
        Mounted 12  *  1 Jan 2004
    Telemedicine digital imaging systems (excluding the imaging device) 4  *  1 Jan 2004
    Tonometers:      
        Contact tonometers:      
            Applanation:      
                Hand-held 6  *  1 Jan 2004
                Mounted 8  *  1 Jan 2004
            Electronic 6  *  1 Jan 2004
        Non-contact tonometers:      
            Hand-held 5  *  1 Jan 2004
            Table mounted 8  *  1 Jan 2004
    Trial lens sets 20  *  1 Jan 2004
    Ultrasound diagnostic assets (including A-scan biometers, A/B scan biometers, B-scan biometers, Laser interference biometers, Pachymeters and Ultrasound biomicroscopes - UBM) 5  *  1 Jan 2004
    Visual acuity testing assets:      
        Automated vision testers 6  *  1 Jan 2004
        Manual vision testers (phoropters) 12  *  1 Jan 2004
        Visual acuity charts (illuminated) 10  *  1 Jan 2004
        Visual acuity chart projectors (automated) 8  *  1 Jan 2004
    Visual field testing assets (perimeters) - automated 5  *  1 Jan 2004

[ 3 ] Table A, industry category Health and Community Services ( 86110 to 87290), sub-category Veterinary Services ( 86400 )

substitute

Veterinary Services
( 86400 )
Veterinarians' assets:      
    Anaesthesia machines 10  *  1 Jan 2004
    Animal blow dryers 5  *  1 Jan 2004
    Animal cages:      
        Fibreglass, plastic and polyethylene cages 10  *  1 Jan 2004
        Stainless steel cages 20  *  1 Jan 2004
    Animal patient monitoring assets (including blood pressure monitors, CO2 end-tidal monitors, ECGs and pulse oximeters) 7  *  1 Jan 2004
    Animal scales 7  *  1 Jan 2004
    Dental assets:      
        Dental units 10  *  1 Jan 2004
        Ultrasonic scalers (standalone) 10  *  1 Jan 2004
    Diagnostic assets (including ophthalmoscope, otoscope, handles and power supply) 10  *  1 Jan 2004
    Electrocautery units 10  *  1 Jan 2004
    Electroejaculators 6  *  1 Jan 2004
    Hydrobaths 8  *  1 Jan 2004
    Pathology assets:      
        Centrifuges 5  *  1 Jan 2004
        Laboratory analysers:      
            Electrolyte analysers 4  *  1 Jan 2004
            Generally 5  *  1 Jan 2004
        Microscopes 10  *  1 Jan 2004
    Surgery lights 10  *  1 Jan 2004
    Tables and tubs 20  *  1 Jan 2004
    Ultrasound Systems (incorporating scanner, transducers, integrated computer and integrated software) 5  *  1 Jan 2004
    X-ray assets (excluding direct radiography assets):      
        Mobile or portable x-ray units 10  *  1 Jan 2004
        X-ray processors - automatic 10  *  1 Jan 2004

[4] Table A, industry category Manufacturing (21110 to 29490), before sub-category Food, beverage and tobacco manufacturing (21110 to 21900)

insert

Basic chemical manufacturing
( 25310 to 25350 )
Chemical Manufacturing Plant:      
    General plant 13 ⅓   1 Jan 2001
    Organic Peroxides Explosion (cell block) 20   1 Jan 2001
Fertiliser Manufacturing Plant 20   1 Jan 2001
Oxygen Manufacturing Plant 13 ⅓   1 Jan 2001
Salt Manufacturing and Refining Plant 10   1 Jan 2001
Sulphuric Acid Plant:      
    Acid chambers (irrespective of raw material used) 20   1 Jan 2001
    Plant:      
            Where pyrites used in manufacture of the acid 10   1 Jan 2001
            Where natural sulphur (brimstone) so used 13 ⅓   1 Jan 2001
    Blow moulders 13 ⅓   1 Jan 2001
    Dies 4   1 Jan 2001
    General plant 20   1 Jan 2001
    Hydraulic presses, injection moulding machines, extrusion machines and bottle blowing machines 13 ⅓   1 Jan 2001
    Moulds:      
        Glass blowing 2   1 Jan 2001
        High usage 5   1 Jan 2001
        Low usage 10   1 Jan 2001
        Once only 1   1 Jan 2001

[5] Table A, industry category Manufacturing (21110 to 29490), sub-category Food, beverage and tobacco manufacturing (21110 to 21900)

omit

Flour-milling Plant:      
    Bins (wooden) 33 ⅓   1 Jan 2001
    General plant 13 ⅓   1 Jan 2001
    Silos (steel and concrete) 100   1 Jan 2001

insert

Flour-milling Plant:      
    Bins (wooden) 33 ⅓   1 Jan 2001
    General plant 13 ⅓   1 Jan 2001
    Silos, concrete 50  *  1 Jan 2004
    Silos, galvanised 30  *  1 Jan 2004
    Silos, steel 40  *  1 Jan 2004

[6] Table A, industry category Manufacturing (21110 to 29490), after sub-category Machinery and Equipment Manufacturing (28110 to 28690)

insert

Medicinal and Pharmaceutical Product Manufacturing
( 24430 )
Laboratory assets:      
    Laboratory analysers (including coagulators, carbon analysers, colour readers, gas chromatographs, high performance liquid chromatographs (HPLCs), and spectrophotometers) 5  *  1 Jan 2004
    Bench top autoclaves 5  *  1 Jan 2004
    Incubators 6  *  1 Jan 2004
    Particle sizers 5  *  1 Jan 2004
Packaging assets:      
    Accumulators 10  *  1 Jan 2004
    Batch, barcode, label, and volume readers 10  *  1 Jan 2004
    Blister pack packaging machines 10  *  1 Jan 2004
    Blow-fill-seal (BFS) machines 12  *  1 Jan 2004
    Bottle and vial inverters and blowers 10  *  1 Jan 2004
    Bottle and vial unscramblers 10  *  1 Jan 2004
    Bundlers and bundle packing machines 10  *  1 Jan 2004
    Cappers and sealers (including tamper proof sealers) 10  *  1 Jan 2004
    Cartoners 10  *  1 Jan 2004
    Check weighers 10  *  1 Jan 2004
    Cream, liquid and powder filling and sealing machines (including bag, bottle, syringe and tube fillers and sealers) 12  *  1 Jan 2004
    Desiccant and cotton wool depositors/inserters 10  *  1 Jan 2004
    Dropper and leaflet inserters 10  *  1 Jan 2004
    Flaming stations 10  *  1 Jan 2004
    Flow wrappers and shrink wrappers 10  *  1 Jan 2004
    Ink jet batch label printers 7  *  1 Jan 2004
    Labelling machines 10  *  1 Jan 2004
    Palletisers 10  *  1 Jan 2004
    Pinhole inspectors 10  *  1 Jan 2004
    Robotic pick and place packaging machines 10  *  1 Jan 2004
    Sleevers 10  *  1 Jan 2004
    Tablet/capsule fillers, feeders and counters 10  *  1 Jan 2004
Production assets:      
    Autoclaves (for terminal sterilisation) 10  *  1 Jan 2004
    Drying ovens 10  *  1 Jan 2004
    Encapsulators 10  *  1 Jan 2004
    Fluid bed dryers 12  *  1 Jan 2004
    Granulators and mixer/granulators 12  *  1 Jan 2004
    Homogenisers 7  *  1 Jan 2004
    Intermediate bulk containers, bins and vessels (including instruments, pipes, pumps and valves) used to hold and transfer formulations during various stages of production 10  *  1 Jan 2004
    Metal detectors 10  *  1 Jan 2004
    Mixers and blenders (including cream, liquid, powder, and syrup mixers and blenders) 10  *  1 Jan 2004
    Sizing mills 10  *  1 Jan 2004
    Tablet and capsule coating machines, coating drums and coating pans 12  *  1 Jan 2004
    Tablet dedusters 10  *  1 Jan 2004
    Tablet presses 10  *  1 Jan 2004
    Vibrating sieves 10  *  1 Jan 2004
Raw material storage and dispensing assets:      
    Demountable strong rooms 20  *  1 Jan 2004
    Dispensing booths and associated air filtration systems 10  *  1 Jan 2004
    Laminar flow benches and biohazard cabinets 8  *  1 Jan 2004
    Safes 20  *  1 Jan 2004
    Weighing scales 10  *  1 Jan 2004
Services:      
    Air filtration systems 10  *  1 Jan 2004
    Water purification plant 10  *  1 Jan 2004

[7] Table A, industry category Manufacturing (21110 to 29490), sub-category Metal and Metal Product Manufacturing (27110 to 27690)

omit

Die Casters' Plant:      
    Aluminium 3   1 Jan 2001
    Die casting furnaces 10   1 Jan 2001
    Die casting machines and ancillary hydraulic plant 13 ⅓   1 Jan 2001
    Forging stainless steel elbows 5   1 Jan 2001
    General plant 20   1 Jan 2001
    Overall rate (alternative to the above) 13 ⅓   1 Jan 2001
    Tooling in metal trade 4 ½   1 Jan 2001

[8] Table A, industry category Manufacturing (21110 to 29490), sub-category Metal and Metal Product Manufacturing (27110 to 27690)

after

Iron and Steel Industry:      
    Granulators 13 ⅓ 1 Jan 2001
    Slag pots 3   1 Jan 2001

insert

Metal casting assets (non-ferrous eg aluminium, brass and magnesium):      
    Cooling assets (including tables, conveyors, towers) 15  *  1 Jan 2004
    Die casting machines (including high pressure, low pressure and gravity type machines) 15  *  1 Jan 2004
    Die tools (moulds used for casting) 4  *  1 Jan 2004
    Heating assets:      
        Degassing assets 5  *  1 Jan 2004
        Furnaces (including dosing, holding and melting) 15  *  1 Jan 2004
        Heat treatment baskets 5  *  1 Jan 2004
        Heat treatment ovens 20  *  1 Jan 2004
        Ingot pre-heaters 20  *  1 Jan 2004
        Quenching tanks 20  *  1 Jan 2004
    Machining/finishing assets:      
        Blast machines (including shot, sand, bead) 20  *  1 Jan 2004
        CNC lathes 10  *  1 Jan 2004
        CNC machining centres 10  *  1 Jan 2004
        CNC milling machines 10  *  1 Jan 2004
        Drilling machines 15  *  1 Jan 2004
        Linishing belt machines 10  *  1 Jan 2004
        Trim presses (hydraulic type and crank type) 15  *  1 Jan 2004
        Trim tools used in trim press machines 4  *  1 Jan 2004
        Vibrating machines (including rumbling and knock-out machines) 10  *  1 Jan 2004
    Materials handling conveyors 10  *  1 Jan 2004
    Molten metal transfer ladles 3  *  1 Jan 2004
    Paint line conveyors 15  *  1 Jan 2004
    Robots 10  *  1 Jan 2004
    Sand casting assets:      
        Core boxes 4  *  1 Jan 2004
        Core making machines (core blowers) 15  *  1 Jan 2004
        Gas generators for sand curing 15  *  1 Jan 2004
    Testing assets:      
        Co-ordinate measurement machines 10  *  1 Jan 2004
        Leak and pressure testing machines 4  *  1 Jan 2004
        Spectrometers 10  *  1 Jan 2004
        X-ray machines 15  *  1 Jan 2004

[9] Table A, industry category Manufacturing (21110 to 29490), sub-category Non-metallic mineral product manufacturing (26110 to 26400)

omit

Cement-making Plant:      
    General plant (e.g. rotary mixing machines) 13 ⅓   1 Jan 2001
    Raw slurry storage bins 66 ⅔   1 Jan 2001
    Slurry blending silos 50   1 Jan 2001
    Slurry mixing silos 50   1 Jan 2001

insert

Cement-making Plant:      
    General plant (e.g. rotary mixing machines) 13 ⅓   1 Jan 2001
    Silos:      
        Concrete, generally 50  *  1 Jan 2004
        Concrete (used for gypsum or wet slag, or at port facilities) 40  *  1 Jan 2004
        Steel, generally 30  *  1 Jan 2004
        Steel (used for gypsum or wet slag, or at port facilities) 20  *  1 Jan 2004

[10] Table A, industry category Manufacturing (21110 to 29490), after sub-category Non-metallic mineral product manufacturing (26110 to 26400)

insert

Other chemical product manufacturing
( 25410 to 25490 )
Boot and Shoe Polish Manufacturing Plant 13 ⅓   1 Jan 2001
Explosive Manufacturing and Chemical Plant 13 ⅓   1 Jan 2001
Eucalyptus Oil Plant:      
    Stills (coolers) 40   1 Jan 2001
    Tanks 40   1 Jan 2001
Gelatine and Glue Manufacturing Plant 13 ⅓   1 Jan 2001
Ink Factory Plant 20   1 Jan 2001

[11] Table A, industry category Manufacturing (21110 to 29490), sub-category Petroleum, coal, chemical and associated product manufacture (25100 to 25660)

omit the sub-category, and insert

Petroleum Refining
( 25100 )
Oil Refinery Assets:      
    Assets used in acid, caustic or clay treating, alkylation, polymerisation or sour water stripping 15  *  1 Jul 2002
    Assets used in sulphur recovery:      
        Generally 15  *  1 Jul 2002
        Sulphur pit 10  *  1 Jul 2002
    Assets used in other processes:      
        Air compressor 30  *  1 Jul 2002
        Catalyst regenerator 20  *  1 Jul 2002
        Chemical injection system 5  *  1 Jul 2002
        Coke drum 20  *  1 Jul 2002
        Distillation column 30  *  1 Jul 2002
        Drum:      
            Generally 20  *  1 Jul 2002
            Used in amine treating, bitumen blowing, potassium carbonate treating or vacuum distillation 15  *  1 Jul 2002
        Electric desalter 25  *  1 Jul 2002
        Expansion turbine 25  *  1 Jul 2002
        Fan/Blower 30  *  1 Jul 2002
        Filter/Coalescer:      
            Generally 25  *  1 Jul 2002
            Used in amine treating, continuous coking, delayed coking, potassium carbonate treating, visbreaking or vacuum distillation 20  *  1 Jul 2002
        Flare stack 25  *  1 Jul 2002
        Flare tip 5  *  1 Jul 2002
        Fractionating column 30  *  1 Jul 2002
        Furnace:      
            Generally 25  *  1 Jul 2002
            Used in continuous coking, delayed coking or visbreaking 20  *  1 Jul 2002
        Gas absorber:      
            Generally 25  *  1 Jul 2002
            Used in amine treating or potassium carbonate treating 20  *  1 Jul 2002
        Gas absorber 25  *  1 Jul 2002
        Heat exchanger:      
            Generally 25  *  1 Jul 2002
            Used in amine treating, bitumen blowing, catalytic de-waxing, continuous coking, delayed coking, hydrodesulphurisation, hydrotreating, potassium carbonate treating, vacuum distillation or visbreaking 20  *  1 Jul 2002
        Jet ejector 20  *  1 Jul 2002
        Liquid extraction column:      
            Generally 25  *  1 Jul 2002
            Used in amine treating 20  *  1 Jul 2002
        Piping 30  *  1 Jul 2002
        Process gas compressor 30  *  1 Jul 2002
        Pump:      
            Generally 25  *  1 Jul 2002
            Used in amine treating, bitumen blowing, catalytic de-waxing, continuous coking, delayed coking, potassium carbonate treating, vacuum distillation or visbreaking 20  *  1 Jul 2002
        Reactor 25  *  1 Jul 2002
        Rotary filter 20  *  1 Jul 2002
        Scrubber 25  *  1 Jul 2002
        Side stream stripper 25  *  1 Jul 2002
        Storage tank:      
            Generally 25  *  1 Jul 2002
            Used in amine treating, merox extraction, merox sweetening or potassium carbonate treating 20  *  1 Jul 2002
        Stripper:      
            Generally 25  *  1 Jul 2002
            Used in amine treating or potassium carbonate treating 20  *  1 Jul 2002
    Bunds (other than formed with earth) 100   1 Jan 2001
    Control systems assets (excluding computers) 10  *  1 Jul 2002
    Effluent separators (concrete) 40   1 Jan 2001
    Laboratory equipment 20   1 Jan 2001
Plastic products manufacturing
( 25610 to 25660 )
Clothes Peg Manufacturing Plant (plastic) 13 ⅓   1 Jan 2001
Plastic Industry:      
    Blow moulders 13 ⅓   1 Jan 2001
    Dies 4   1 Jan 2001
    General plant 20   1 Jan 2001
    Hydraulic presses, injection moulding machines, extrusion machines and bottle blowing machines 13 ⅓   1 Jan 2001
    Moulds:      
        Glass blowing 2   1 Jan 2001
        High usage 5   1 Jan 2001
        Low usage 10   1 Jan 2001
        Once only 1   1 Jan 2001

[12] Table A, industry category Manufacturing (21110 to 29490), after sub-category Printing, publishing and recorded media (24110 to 24309)

insert

Rubber products manufacturing
( 25510 to 25590 )
Rubber Manufacturers' Plant:      
    Moulds 5   1 Jan 2001
    Process plant 13 ⅓   1 Jan 2001

[13] Table A, industry category Mining (11010 to 15200), sub-category Oil and Gas Extraction (12000)

before

Gas production assets:      

insert

Assets used to manufacture condensate, crude oil, domestic gas, liquid natural gas (LNG) or liquid petroleum gas (LPG) but not if the manufacture occurs in an oil refinery:      
    Control systems 10  *  1 Jul 2002
    Domestic gas processing assets (including centrifugal compressor, column, gas turbine, heat exchanger, piping and turbo expander) 30  * #  1 Jul 2002
    Electricity generation assets - see Table A Electricity Supply (36100)    *  1 Jul 2002
    Flare tower for gas flare 25  * #  1 Jul 2002
    Fractionation train assets (including air cooler, column, compressor, heat exchanger, piping and pumps) 30  * #  1 Jul 2002
    Hot water system assets 17 ½  * #  1 Jul 2002
    Instruments 12 ½  *  1 Jul 2002
    LNG holding facility assets (including boil off gas compressor, cryogenic storage tank, loading arm, pumps and tank) 30  * #  1 Jul 2002
    LNG train assets (including centrifugal compressor, column, cryogenic heat exchanger, gas turbine driver and other heat exchangers) 30  * #  1 Jul 2002
    Stabiliser process assets (including column, heat exchanger, pumps and reciprocating compressor) 30  * #  1 Jul 2002
    Storage and loading assets (including cryogenic storage tank, jetty, loading arm, LPG chiller and pumps) 30  * #  1 Jul 2002
    Trunkline onshore terminal (TOT) assets:      
        Flash tanks 20  * #  1 Jul 2002
        Slugcatcher and associated piping 30  * #  1 Jul 2002
        Valves including control valves 12 ½  *  1 Jul 2002

[14] Table A, industry category Personal and Other Services (95110 to 97000), sub-category Other Personal Services (95210 to 95291)

before

Cleaners' Plant:      

insert

Arboriculture and Gardening Services:      
    Blowers 3  *  1 Jan 2004
    Brushcutters (including whipper snippers) 2  *  1 Jan 2004
    Chainsaws (including pole pruners) 2  *  1 Jan 2004
    Elevating work platforms 15  *  1 Jan 2004
    Hand tools (including pruner, rake, hedge shears, loppers and tree saws) 3  *  1 Jan 2004
    Hedge trimmers 4  *  1 Jan 2004
    Lawn edgers (excluding brushcutters) 4  *  1 Jan 2004
    Lawn mowers:      
        Cylinder 7  *  1 Jan 2004
        Push (rotary) 2  *  1 Jan 2004
        Self propelled (rotary) 2  *  1 Jan 2004
        Ride-ons 5  *  1 Jan 2004
    Stump grinders 5  *  1 Jan 2004
    Tractors 8  *  1 Jan 2004
    Tractor attachments:      
        Roller mowers 4  *  1 Jan 2004
        Slashers 4  *  1 Jan 2004
    Trailers used to carry tree and grass clippings 5  *  1 Jan 2004
    Tree climbing assets:      
        Climbing hardware (including carabineers, figure of 8 and lowering pullies) 1  *  1 Jan 2004
        Climbing spurs 10  *  1 Jan 2004
        Friction lowering devices 10  *  1 Jan 2004
        Harness 3  *  1 Jan 2004
        Ropes 1  *  1 Jan 2004
    Wood chippers 8  *  1 Jan 2004

[15] Table B, items beginning with M

after

Mini Lab 10   1 Jan 2001

insert

Mini-skid steer loaders 5  *  1 Jan 2004
Mini-skid steer loader attachments:      
     Others (including auger and bucket) 5  *  1 Jan 2004
     Stump grinders 2  *  1 Jan 2004

[16] Table B, items beginning with S

omit

Silos:      
    Cement Storage 66 ⅔   1 Jan 2001
    Bulk handling industry (used on a continuous basis to store different grains for short periods):      
        Concrete construction 50   1 Jan 2001
        Steel construction 20   1 Jan 2001
        Ancillary mechanical equipment 13 ⅓   1 Jan 2001

insert

Silos:      
    Bulk handling:      
        Ancillary mechanical equipment 13 ⅓   1 Jan 2001
        Concrete construction 50  *  1 Jan 2004
        Galvanised construction 30  *  1 Jan 2004
        Steel construction 40  *  1 Jan 2004



27 November 2003

BRUCE WILLIAM QUIGLEY,

Deputy Chief Tax Counsel


Registration Number: F2005B01702

Registration Date: 18 August 2005