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Effective Life 2004/4

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This Legislative Instrument has been repealed by Treasury (Spent and Redundant Instruments) Repeal Regulation 2013.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 2004 (No. 4).

2 Commencement

This Determination commences on 1 January 2005.

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, as amended by the Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2004 (No. 1).

Schedule 1 Amendments

(section 3)

ASSET LIFE ( YEARS ) REVIEWED DATE OF APPLICATION

[1] Table A, industry category COMMUNICATION SERVICES (71110 to 71200), sub-category Telecommunication services (71200)

After

    Mobile switching centre hardware 10  *  1 Jul 2002

Insert

Satellite communication assets:  
    Communications satellites (geosynchronous orbit) 15  *  1 Jan 2005
    High power amplifiers 12  *  1 Jan 2005
    Multiplexers 10  *  1 Jan 2005
    Satellite antennas:  
        Electronic components, external (including low noise amplifiers) 8  *  1 Jan 2005
        Non-tracking antenna systems (incorporating data cables, dehydrators, pressurisation units, and wave guides) 8  *  1 Jan 2005
        Tracking antenna systems (incorporating antenna tracking motors, controllers, data cables, dehydrators, gearboxes, pressurisation units and wave guides) 20  *  1 Jan 2005
    Satellite earth station electronic assets (including bandwidth managers, decoders, demodulators downconverters, encoders, filters, modulators, receivers, transmitters and upconverters) 10  *  1 Jan 2005
    Satellite telemetry and control systems 15  *  1 Jan 2005

[2] Table A, industry category COMMUNICATION SERVICES (71110 to 71200), sub-category Telecommunication services (71200)

Omit

Equipment shelters (transportable) 25  *  1 Jul 2003

[3] Table A, industry category COMMUNICATION SERVICES (71110 to 71200), sub-category Telecommunication services (71200), under the heading Microwave radio telecommunication assets

Omit

    Air-conditioning units 5  *  1 Jul 2004

[4] Table A, industry category COMMUNICATION SERVICES (71110 to 71200), sub-category Telecommunication services (71200), under the heading Microwave radio telecommunication assets

Omit

    Batteries, rectifiers 6  *  1 Jul 2004
    Equipment shelter 25  *  1 Jul 2004

[5] Table A, industry category COMMUNICATION SERVICES (71110 to 71200), sub-category Telecommunication services (71200), under the sub-heading Mobile telecommunications assets, Base station assets

Omit

        Air conditioners 5  *  1 Jul 2002

[6] Table A, industry category COMMUNICATION SERVICES (71110 to 71200), sub-category Telecommunication services (71200)

Omit

Racks 20  *  1 Jul 2003

[7] Table A, industry category COMMUNICATION SERVICES (71110 to 71200), sub-category Telecommunication services (71200)

After

    Satellite telemetry and control systems 15  *  1 Jan 2005

Insert

Telecommunications assets:  
    Air-conditioning units 5  *  1 Jul 2002
    Batteries, rectifiers 6  *  1 Jul 2002
    Racks 20  *  1 Jul 2003
    Equipment shelters (transportable) 25  *  1 Jul 2003

[8] Table A, industry category ELECTRICITY, GAS AND WATER SUPPLY (36100 to 37020)

Omit

Water supply, sewerage and drainage services
( 37010 to 37020 )
Moulds (steel moulds for the production of castings for sewage treatment plant) 5   1 Jan 2001
Sewage treatment plant 20   1 Jan 2001
Water mains 50   1 Jan 2001

[9] Table A, industry category ELECTRICITY, GAS AND WATER SUPPLY (36100 to 37020), after sub-category Gas supply (36200)

Insert

Irrigation water providers   ( 37010 )
Channel regulators 80  *  1 Jan 2005
Cranes (including gantries) 40  *  1 Jan 2005
Dams and weirs ((incorporating gates and actuators) consisting of a barrier to obstruct the flow of water constructed from any or all of the following: concrete, earth and rockfill) 100  *  1 Jan 2005
Drain inlet 50  *  1 Jan 2005
Drainage channels (measured from the point of intersection with another drainage channel to the following intersection) 100  *  1 Jan 2005
Escapes 50  *  1 Jan 2005
Flow meters 20  *  1 Jan 2005
Irrigation channels (incorporating siphons and subways) measured from offtake or regulator to regulator:  
    Concrete 50  *  1 Jan 2005
    Earth 80  *  1 Jan 2005
Measurement flumes 50  *  1 Jan 2005
Metered outlets:  
    Electronic 40  *  1 Jan 2005
    Mechanical 50  *  1 Jan 2005
    Piped 40  *  1 Jan 2005
Offtakes 80  *  1 Jan 2005
Pipes: measured from valve to valve, that are of the same age and same material (not being in the nature of a repair) 80  *  1 Jan 2005
Pump inlets 50  *  1 Jan 2005
Pump sets (incorporating switchboards, starters, motors and pumps) 40  *  1 Jan 2005
Reservoirs and tanks 80  *  1 Jan 2005
Valves 40  *  1 Jan 2005
Water Supply
( 37010 )
Aerators and blowers 20  *  1 Jan 2005
Cathodic protection systems 20  *  1 Jan 2005
Chemical dosing pumps 25  *  1 Jan 2005
Pump sets (incorporating switch boards, starters, motors and pumps) 25  *  1 Jan 2005
Pressure reducing valves 25  *  1 Jan 2005
Valves (excluding pressure reducing valves) 30  *  1 Jan 2005
Raw water storage and supply assets:  
    Bores 30  *  1 Jan 2005
    Dams and weirs 100  *  1 Jan 2005
    Dam or weir intake structures 100  *  1 Jan 2005
Water treatment assets:  
    Balance tanks 80  *  1 Jan 2005
    Bore water treatment assets:  
        Aerators and blowers 20  *  1 Jan 2005
        Lime silos 50  *  1 Jan 2005
        Batching tanks 80  *  1 Jan 2005
        Lime pump sets (incorporating switch boards, starters, motors and pumps) 25  *  1 Jan 2005
        Reactors 25  *  1 Jan 2005
        Filtration tanks 80  *  1 Jan 2005
        Backwash pumps 25  *  1 Jan 2005
        Clear water tanks 80  *  1 Jan 2005
        Sludge thickeners 50  *  1 Jan 2005
        Drying beds 50  *  1 Jan 2005
    Chemical blowers 15  *  1 Jan 2005
    Chemical dosing systems 15  *  1 Jan 2005
    Chemical feeders and hoppers 25  *  1 Jan 2005
    Chemical mixers and blenders 25  *  1 Jan 2005
    Chemical storage tanks 30  *  1 Jan 2005
    Clarifiers (incorporating scrapers) 80  *  1 Jan 2005
    Clear water tanks 80  *  1 Jan 2005
    Dissolved air flotation systems 25  *  1 Jan 2005
    Filtration tanks (incorporating scrapers) 80  *  1 Jan 2005
    Flocculation tanks (incorporating scrapers) 80  *  1 Jan 2005
    Inline mixers 15  *  1 Jan 2005
    Pen-stops 25  *  1 Jan 2005
    Raw water inlet screening systems 25  *  1 Jan 2005
    Sludge treatment lagoons 50  *  1 Jan 2005
    Wash water holding tanks 80  *  1 Jan 2005
Water mains: Being lengths of trunk, distribution and reticulation mains within a section, measured from valve to valve that are of the same age and same material (not being in the nature of a repair) 80  *  1 Jan 2005
Water supply pumping station detention tanks 80  *  1 Jan 2005
Reservoirs, elevated tanks and standpipes: whether made from steel or concrete 80  *  1 Jan 2005
Service connections:  
    Water meters 20  *  1 Jan 2005
Water supply control systems assets:  
    Air scour flow meters, level sensors, transmitters and meters 10  *  1 Jan 2005
    Chlorine analysers, mini labs, PH meters, turbidity analysers and meters 7  *  1 Jan 2005
    Flow meters 20  *  1 Jan 2005
    Pressure sensors, transmitters and meters 10  *  1 Jan 2005
    Telemetry (including modems and remote transfer units) 10  *  1 Jan 2005
    Variable speed drives 15  *  1 Jan 2005
Sewerage and Drainage Services
( 37020 )
Chemical dosing pumps 25  *  1 Jan 2005
Pump sets (incorporating switch boards, starters, motors and pumps) 25  *  1 Jan 2005
Sewage service connection assets:  
    Low pressure pumps 25  *  1 Jan 2005
    Vacuum pumps 25  *  1 Jan 2005
Sewer mains: Being lengths of collection sewers measured from manhole to manhole (including branch, main, pressure, reticulation, sub-main and trunk sewers) (not being in the nature of a repair) 80  *  1 Jan 2005
Pressure reducing valves 25  *  1 Jan 2005
Valves (excluding pressure reducing valves) 30  *  1 Jan 2005
Sewage pump station assets:  
    Detention tanks 80  *  1 Jan 2005
    Overflow screens 25  *  1 Jan 2005
Sewage treatment assets:  
    Air filtration systems 20  *  1 Jan 2005
    Air scrubbers 10  *  1 Jan 2005
    Chemical blowers 15  *  1 Jan 2005
    Chemical feeders and hoppers 25  *  1 Jan 2005
    Chemical mixers and blenders 25  *  1 Jan 2005
    Chemical storage tanks 30  *  1 Jan 2005
    Pen-stops 25  *  1 Jan 2005
    Water storage tanks 80  *  1 Jan 2005
    Screenings removal assets 25  *  1 Jan 2005
    Grit removal assets 25  *  1 Jan 2005
    Primary treatment assets:  
        Primary clarifiers (incorporating scrapers) 80  *  1 Jan 2005
        Primary sedimentation lagoons 50  *  1 Jan 2005
        Primary sedimentation tanks (incorporating scrapers and weirs) 80  *  1 Jan 2005
        Scum collection and transfer systems 25  *  1 Jan 2005
    Secondary treatment assets:  
        Biological nutrient removal (BNR) assets:  
            Aerators and blowers 20  *  1 Jan 2005
            BNR tanks (incorporating mixed liquor stream, anoxic, anaerobic and swing zones and diffusers) 80  *  1 Jan 2005
            Mixers 25  *  1 Jan 2005
        Secondary clarifiers (incorporating scrapers) 80  *  1 Jan 2005
        Secondary treatment lagoons 50  *  1 Jan 2005
        Secondary treatment tanks (incorporating scrapers and weirs) 80  *  1 Jan 2005
        Sequenced batch reactors 80  *  1 Jan 2005
        Sludge aerators and blowers 80  *  1 Jan 2005
    Tertiary treatment assets:  
        Backwash air blowers 20  *  1 Jan 2005
        Chlorine contact tanks 80  *  1 Jan 2005
        Filtration tanks 80  *  1 Jan 2005
        Reverse osmosis assets:  
            Fine screening systems 15  *  1 Jan 2005
            Micro filtration units 15  *  1 Jan 2005
            Reverse osmosis membrane filtration units 10  *  1 Jan 2005
        UV disinfectors 25  *  1 Jan 2005
    Sludge processing assets:  
        Anaerobic digesters 80  *  1 Jan 2005
        Anaerobic digester gas handling and blowing systems 25  *  1 Jan 2005
        Anaerobic digester heating systems 25  *  1 Jan 2005
        Bio-filters 80  *  1 Jan 2005
        Dissolved air flotation systems 25  *  1 Jan 2005
        Lime disinfection dosing units 25  *  1 Jan 2005
        Sludge dewatering assets:  
            Belt presses 15  *  1 Jan 2005
            Centrifuges 20  *  1 Jan 2005
            Screw conveyors 25  *  1 Jan 2005
            Screw presses 20  *  1 Jan 2005
            Sludge driers 20  *  1 Jan 2005
        Sludge heating units 20  *  1 Jan 2005
        Sludge thickening tanks (incorporating scrapers) 80  *  1 Jan 2005
Methane gas and cogeneration assets (see Table A - Electricity supply 36100 and Gas supply 36200)  
Dams:  
    Lined earth dams 100  *  1 Jan 2005
    Dam covers 20  *  1 Jan 2005
Effluent outfalls:  
    Shoreline ocean 100  *  1 Jan 2005
    Extended ocean 100  *  1 Jan 2005
    River or estuary 100  *  1 Jan 2005
Sewerage control systems assets:  
    Chlorine residual analysers and PH meters 7  *  1 Jan 2005
    Dissolved oxygen probes, level sensors, transmitters and meters 10  *  1 Jan 2005
    Flow meters 20  *  1 Jan 2005
    Telemetry (including modems and remote transfer units) 10  *  1 Jan 2005
    Variable speed drives 15  *  1 Jan 2005

[10] Table A, industry category MANUFACTURING (21110 to 29490)

Omit

Log sawmilling and timber dressing and Other wood product manufacturing
( 23110 to 23290 )
Clothes peg manufacturing plant (wood) 13 ⅓   1 Jan 2001
Case-making plant 13 ⅓   1 Jan 2001
Cork manufacturers' plant 10   1 Jan 2001
Frame (picture) manufacturing plant 13 ⅓   1 Jan 2001
Joinery plant 13 ⅓   1 Jan 2001
Moulding machinery (wood) 13 ⅓   1 Jan 2001
Saw milling equipment:  
    Dry or planner mill plant:  
        Generally (includes multi saw/trimmer, pack docker, planner/molder, resaw or optimiser docker, stress grader and tilt hoist) 10  *  1 Jan 2001
        Stacker 15  *  1 Jan 2001
        Tray sorter 15  *  1 Jan 2001
    Green mill plant:  
        Edger line plant (includes board edger and resaw) 10  *  1 Jan 2001
        Heating plant (includes storage bins/silos) 15  *  1 Jan 2001
        Kiln drying plant:  
            Generally (includes kiln trolleys/carriages, traverser and weights) 10  *  1 Jan 2001
            Timber drying kilns and reconditioners 15  *  1 Jan 2001
        Main saw line plant (includes saws, chipper canter, board separator and cant turner) 10  *  1 Jan 2001
        Sorter and trimming line plant:  
            Generally (includes grade mark reader and multi trimmer) 10  *  1 Jan 2001
            Stackers 15  *  1 Jan 2001
            Vertical bin sorters 15  *  1 Jan 2001
        Log debarking plant (includes decks, carriages, hydraulic grabs and fixed cranes, butt reducer, debarker, kicker sorter and bins/pockets.) 10  *  1 Jan 2001
        Log, lumber and waste transfer equipment 15  *  1 Jan 2001
        Log yard equipment:  
            Fixed and mobile cranes 12  *  1 Jan 2001
            Mobile equipment (including log loaders with log grabs) 7  *  1 Jan 2001
            Watering systems 15  *  1 Jan 2001
        Miscellaneous plant:  
            Generally (includes air compressors, extraction systems and pollution and air monitoring equipment) 10  *  1 Jan 2001
            Moisture meters 3  *  1 Jan 2001
            Saw and knife sharpening equipment 10  *  1 Jan 2001
            Walkways 15  *  1 Jan 2001
        Waste processing equipment:  
            Bins - waste, chip and fuel 15  *  1 Jan 2001
            Chippers, shakers/screens and hoggers 10  *  1 Jan 2001
Wood working plant 13 ⅓   1 Jan 2001

Substitute

Log sawmilling and timber dressing
( 23110 to 23130 )
Saw milling equipment:  
    Dry or planner mill plant:  
        Generally (includes multi saw/trimmer, pack docker, planner/molder, resaw or optimiser docker, stress grader and tilt hoist) 10  *  1 Jan 2001
        Stacker 15  *  1 Jan 2001
        Tray sorter 15  *  1 Jan 2001
    Green mill plant:  
        Edger line plant (includes board edger and resaw) 10  *  1 Jan 2001
        Heating plant (includes storage bins/silos) 15  *  1 Jan 2001
        Kiln drying plant:  
            Generally (includes kiln trolleys/carriages, traverser and weights) 10  *  1 Jan 2001
            Timber drying kilns and reconditioners 15  *  1 Jan 2001
        Main saw line plant (includes saws, chipper canter, board separator and cant turner) 10  *  1 Jan 2001
        Sorter and trimming line plant:  
            Generally (includes grade mark reader and multi trimmer) 10  *  1 Jan 2001
            Stackers 15  *  1 Jan 2001
            Vertical bin sorters 15  *  1 Jan 2001
        Log debarking plant (includes decks, carriages, hydraulic grabs and fixed cranes, butt reducer, debarker, kicker sorter and bins/pockets) 10  *  1 Jan 2001
        Log, lumber and waste transfer equipment 15  *  1 Jan 2001
        Log yard equipment:  
            Fixed and mobile cranes 12  *  1 Jan 2001
            Mobile equipment (including log loaders with log grabs) 7  *  1 Jan 2001
            Watering systems 15  *  1 Jan 2001
        Miscellaneous plant:  
            Generally (includes air compressors, extraction systems and pollution and air monitoring equipment) 10  *  1 Jan 2001
            Moisture meters 3  *  1 Jan 2001
            Saw and knife sharpening equipment 10  *  1 Jan 2001
            Walkways 15  *  1 Jan 2001
        Waste processing equipment:  
            Bins - waste, chip and fuel 15  *  1 Jan 2001
            Chippers, shakers/screens and hoggers 10  *  1 Jan 2001
Other wood product manufacturing
( 23230 to 23290 )
Clothes peg manufacturing plant (wood) 13 ⅓   1 Jan 2001
Case-making plant 13 ⅓   1 Jan 2001
Cork manufacturers' plant 10   1 Jan 2001
Frame (picture) manufacturing plant 13 ⅓   1 Jan 2001
Joinery plant 13 ⅓   1 Jan 2001
Moulding machinery (wood) 13 ⅓   1 Jan 2001
Wood working plant 13 ⅓   1 Jan 2001

[11] Table A, industry category MANUFACTURING (21110 to 29490), after sub-category, Log sawmilling and timber dressing (23110 to 23130)

Insert

Plywood and Veneer manufacturing
( 23210 )
Debarking assets 15  *  1 Jan 2005
Dry clipping assets 25  *  1 Jan 2005
Heating unit assets 20  *  1 Jan 2005
Glue mixing assets 25  *  1 Jan 2005
Lay-up and glue spreading assets (including rollers, curtains, spray coaters and liquid and foam extruders) 25  *  1 Jan 2005
Log conditioning, heating and steaming assets 25  *  1 Jan 2005
Log sizing assets 20  *  1 Jan 2005
Log yard assets (see Log sawmilling and timber dressing (23110 to 23130), Saw milling equipment)  
Materials handling assets (including belt, chain and screw conveyors) 20  *  1 Jan 2005
Packaging assets 20  *  1 Jan 2005
Presses 25  *  1 Jan 2005
Sanding and finishing assets 25  *  1 Jan 2005
Sharpening assets 30  *  1 Jan 2005
Trimming and sawing assets 25  *  1 Jan 2005
Veneer composing, jointing and splicing assets 20  *  1 Jan 2005
Veneer dryers 25  *  1 Jan 2005
Veneer patching and grading assets 20  *  1 Jan 2005
Veneer peeling and slicing assets (including rotary peelers, longitudinal, crosscut and staylog lathe slicers, log chargers and reelers) 20  *  1 Jan 2005
Veneer reconditioning assets 25  *  1 Jan 2005
Veneer sorting assets 20  *  1 Jan 2005
Wet clipping assets 25  *  1 Jan 2005
Fabricated wood manufacturing
( 23220 )
Board coolers 25  *  1 Jan 2005
Board curing assets 20  *  1 Jan 2005
Board storage assets 25  *  1 Jan 2005
Chipping, milling and flaking assets 15  *  1 Jan 2005
Debarking assets 15  *  1 Jan 2005
Driers 15  *  1 Jan 2005
Fibre sifters 15  *  1 Jan 2005
Flake and fibre storage assets 25  *  1 Jan 2005
Glue, resin and wax mixing and blending assets 15  *  1 Jan 2005
Heat plant and boiler assets 25  *  1 Jan 2005
Lamination assets 15  *  1 Jan 2005
Log conditioning, heating and steaming assets 25  *  1 Jan 2005
Log sizing assets 20  *  1 Jan 2005
Log yard assets (see Log sawmilling and timber dressing (23110 to 23130), Saw milling equipment)  
Magnetic separators 25  *  1 Jan 2005
Mat forming and weighing assets (including pendistor) 20  *  1 Jan 2005
Materials handling assets (including belt, chain and screw conveyors) 20  *  1 Jan 2005
Packaging assets 20  *  1 Jan 2005
Presses (including pre-presses and hot and cold presses) 25  *  1 Jan 2005
Quality measuring assets (including blow detectors, thickness detectors and weighing bridges) 15  *  1 Jan 2005
Refiner assets 20  *  1 Jan 2005
Sanding and finishing assets 25  *  1 Jan 2005
Trimming and sawing assets 25  *  1 Jan 2005
Ventilation and dust extraction assets 15  *  1 Jan 2005
Woodchip screening and washing assets 15  *  1 Jan 2005

[12] Table A, industry category PERSONAL AND OTHER SERVICES (95110 to 97000), after sub-category Other personal services (95210 to 95291)

Insert

Waste disposal services
( 96340 )
Garbage compactor trucks (including the compactor) 10  *  1 Jan 2005

[13] Table B, items beginning with M

Omit

    Buses, lorries and trucks:  
        Generally 6 ⅔   1 Jan 2001
        Heavy haulage of goods or passengers (long distance and inter-city) 5   1 Jan 2001
        Heavy haulage (building and construction and road making industries) 5   1 Jul 2002

[14] Table B, items beginning with M

Before

        Cars (motor vehicles designed to carry a load of less than one tonne or fewer than 9 passengers):  

Insert

    Buses having a gross vehicle mass of more than 3.5 tonnes 15  *  1 Jan 2005

[15] Table B, items beginning with M

After

    Cars (motor vehicles designed to carry a load of less than one tonne or fewer than 9 passengers):  
        Taxis 4   1 Jan 2001

Insert

    Light commercial vehicles designed to carry a load of one tonne or greater and having a gross vehicle mass of 3.5 tonnes or less 12  *  1 Jan 2005
    Minibuses having a gross vehicle mass of 3.5 tonnes or less and designed to carry 9 or more passengers 12  *  1 Jan 2005

[16] Table B, items beginning with M

After

    Motor cycles and scooters 6 ⅔   1 Jan 2001

Insert

    Trailers having a gross vehicle mass greater than 4.5 tonnes 15  *  1 Jan 2005
    Trailers having a gross vehicle mass of 4.5 tonnes or less 10   1 Jan 2005
    Trucks having a gross vehicle mass greater than 3.5 tonnes (excluding off highway trucks used in mining operations) 15  *  1 Jan 2005
        For Garbage compactor trucks see Table A, Personal and Other Services (95110 to 97000), Waste disposal services (96340)  

[17] Table B, items beginning with T

Omit

        Computerised PABX equipment 20   1 Jan 2001
Substitute
        PABX computerised assets 10  *  1 Jan 2005

[18] Table B, items beginning with T

Omit

Trailers 10   1 Jan 2001

[19] Table B, items beginning with V

After

Vending machine 5  *  1 Jul 2001

Insert

Ventilation fans (excluding ducting, piping and vents) 20   1 Jan 2005


8 December 2004

BRUCE WILLIAM QUIGLEY,

Deputy Chief Tax Counsel

Registration Number: F2005B01784

Registration Date: 23 August 2005


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