Effective Life 2006/4


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This Legislative Instrument has been repealed by Treasury (Spent and Redundant Instruments) Repeal Regulation 2013.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, Office of the 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 2006 (No. 4).

2 Commencement

This Determination commences on 1 January 2007.

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 05290)

After

Protective structures (including shade houses and netting constructions) 20  *  1 Jul 2006

Insert

Sheds on land that is used for agricultural or pastoral operations (including machinery sheds, workshop sheds and farm production sheds) 40  *  1 Jan 2007

[2] Table A, industry category AGRICULTURE, FORESTRY and FISHING (01110 to 05290), sub-category Agriculture (01110 to 01990)

After

Bee farming plant:      
    Beehives 13 ⅓   1 Jan 2001
    Processing plant 20   1 Jan 2001

Insert

Beef cattle assets:      
    Cattle handling assets:      
        Calf cradles 10  *  1 Jan 2007
        Cattle crushes (hydraulic and manual) 10  *  1 Jan 2007
        NLIS and other readers 5  *  1 Jan 2007
        Scales, weigh indicators and loading bars 5  *  1 Jan 2007
    Cattle yards including races and coolers (steel and timber):      
        Permanent type 30  *  1 Jan 2007
        Portable type 20  *  1 Jan 2007
    Feed bins including hay racks 15  *  1 Jan 2007
    Feed handling assets:      
        Bale feeders 10  *  1 Jan 2007
        Feed mixers 10  *  1 Jan 2007
        Silage and feedout wagons 10  *  1 Jan 2007
    Loading ramps 20  *  1 Jan 2007
    Manure and fertilizer spreaders 10  *  1 Jan 2007
    Saddlery and harness 10  *  1 Jan 2007
Beef cattle feedlot assets:      
    Cattle handling assets:      
        Cattle crushes (hydraulic and manual) 6  *  1 Jan 2007
        Cattle induction and transfer yards (steel and timber) 20  *  1 Jan 2007
        Cattle treatment yards (steel and timber) 20  *  1 Jan 2007
        Cattle wash yards (steel and timber) 20  *  1 Jan 2007
    Cattle pen assets:      
        Bunk sweepers 8  *  1 Jan 2007
        Cattle pen infrastructure assets:      
            Feed bunks or troughs and aprons 20  *  1 Jan 2007
            Feed roads 20  *  1 Jan 2007
            Pen earthworks 20  *  1 Jan 2007
            Pen fences and gates (steel and timber) 20  *  1 Jan 2007
            Shade structures 20  *  1 Jan 2007
        Pen scrapers 10  *  1 Jan 2007
    Feed milling and handling assets:      
        Ancillary grain handling equipment:      
            Augers 10  *  1 Jan 2007
            Conveyors and elevators 15  *  1 Jan 2007
        Bulk and segregated commodity storage facilities (incorporating bunkers) 30  *  1 Jan 2007
        Feed mixers 7  *  1 Jan 2007
        Feed mixer trucks 7  *  1 Jan 2007
        Grain cleaners 10  *  1 Jan 2007
        Grain processing assets:      
            Roller mills 15  *  1 Jan 2007
            Steam flaking chests 15  *  1 Jan 2007
            Steam flaking surge bins 15  *  1 Jan 2007
            Tempering silos:      
                Glass fused to steel 50  *  1 Jan 2007
                Stainless steel 15  *  1 Jan 2007
                Galvanised steel 12  *  1 Jan 2007
        Receival pits and hoppers 25  *  1 Jan 2007
        Roughage processing assets (including tub grinders) 7  *  1 Jan 2007
        Sampling and testing assets 5  *  1 Jan 2007
        Silos and bins used for storing dry grain:      
            Concrete 50  *  1 Jan 2007
            Steel 20  *  1 Jan 2007
        Tank storages for liquid feed supplements 15  *  1 Jan 2007
    Manure composting and screening machines 15  *  1 Jan 2007

[3] Table A, industry category AGRICULTURE, FORESTRY and FISHING (01110 to 05290), sub-category Agriculture (01110 to 01990)

After

Fruit-growers' plant:      
    Dips, pans, spray pumps, etc 10   1 Jan 2001
    Fumigation tents and machinery 10   1 Jan 2001
    Racks (dried fruit) 20   1 Jan 2001
    Tecto applicator (citrus anti-fungal plant) 5   1 Jan 2001

Insert

Grain, cotton, peanut and rice assets:      
    Chemical spraying assets:      
        Generally (including broad acre trailed or linkage boom and utility) 10  *  1 Jan 2007
        Self-propelled 8  *  1 Jan 2007
    General assets:      
        Aeration assets:      
            Controllers 10  *  1 Jan 2007
            Kits 15  *  1 Jan 2007
        Augers (including conveyors) 15  *  1 Jan 2007
        Dryers 20  *  1 Jan 2007
        Moisture meters 5  *  1 Jan 2007
        Mulchers 10  *  1 Jan 2007
        Peanut pre-cleaners 10  *  1 Jan 2007
        Slashers 7  *  1 Jan 2007
    Harvesting assets:      
        Boll buggies 15  *  1 Jan 2007
        Chaser bins 15  *  1 Jan 2007
        Field bins 20  *  1 Jan 2007
        Fuel trailers 15  *  1 Jan 2007
        Module builders 15  *  1 Jan 2007
        Module tarpaulins 5  *  1 Jan 2007
        Peanut diggers (including peanut pullers) 10  *  1 Jan 2007
    Precision farming assets (including GPS, controllers, lightbars, variable rate technology assets) (excluding hydraulic automated steering) 5  *  1 Jan 2007
    Seeding and fertilizing assets:      
        Fertilizer spreaders (including linkage and trailed) 10  *  1 Jan 2007
        Planters (including bar, box, combined seeders, precision planters and row crop planters) 15  *  1 Jan 2007
        Seed and fertilizer bins 15  *  1 Jan 2007
    Tillage assets:      
        Generally 15  *  1 Jan 2007
        Harrows 5  *  1 Jan 2007
        Laser controlled scraping assets:      
            Transmitters 7  *  1 Jan 2007
            Buckets 10  *  1 Jan 2007
        Rippers 10  *  1 Jan 2007

[4] Table A, industry category AGRICULTURE, FORESTRY and FISHING (01110 to 05290), sub-category Agriculture (01110 to 01990)

After

Harvester/Sweeper 6 ⅔   1 Jan 2001

Insert

Hay and foraging assets:      
    Bale handling attachments (including accumulator grabs, bale stackers, hay forks/spikes/spears (incorporating metal frame), round bale grabs) 12  *  1 Jan 2007
    Balers 10  *  1 Jan 2007
    Bale wrappers 10  *  1 Jan 2007
    Baler and wrappers 10  *  1 Jan 2007
    Hay rakes (including finger wheel, rotary and parallel) 10  *  1 Jan 2007
    Moisture probes 5  *  1 Jan 2007
    Mower conditioners:      
        Self-propelled:      
            Attachments 8  *  1 Jan 2007
            Prime movers 12  *  1 Jan 2007
        Trailed 8  *  1 Jan 2007
    Super conditioners (hay re-conditioners) 8  *  1 Jan 2007
    Tedders 10  *  1 Jan 2007
    Trailed bale handling assets:      
        Big square bale stackers 10  *  1 Jan 2007
        Generally (including accumulators and bale carriers) 15  *  1 Jan 2007
    Windrowers:      
        Self-propelled:      
            Attachments 8  *  1 Jan 2007
            Prime movers 12  *  1 Jan 2007
        Trailed 12  *  1 Jan 2007

[5]     Table A, industry category AGRICULTURE, FORESTRY and FISHING (01110 to 05290), sub-category Agriculture (01110 to 01990)

Omit

Poultry farmers' plant (incubators) 20   1 Jan 2001

Substitute

Sheep farming assets:      
Crutching machines, portable type 10  *  1 Jan 2007
Dipping and spraying assets for parasite control:      
    Jet spray system assets (including the race or handler dedicated to a jet spray system) 10  *  1 Jan 2007
    Mobile plunge dips 5  *  1 Jan 2007
Feeders (including grain feeders, oat feeders and hay feeders) 15  *  1 Jan 2007
Footbaths 10  *  1 Jan 2007
Instruments for measuring wool fibre fineness, laser type 10  *  1 Jan 2007
Instruments for measuring backfat or eye muscle or detecting pregnancy, ultrasound type (incorporating probes and monitors) 5  *  1 Jan 2007
Sheep handling assets (including autodrafters, conveyors, cradles, crates, crutching trailers, elevators, ewe lifters, handlers, hydraulic lifts, rollover units, shearing tables, weigh crates and winches used to lift sheep) 15  *  1 Jan 2007
Weigh bars, weigh indicators and weigh platforms 10  *  1 Jan 2007
Yards, races, leadup systems and loading ramps:      
    Permanent type 40  *  1 Jan 2007
    Portable type 25  *  1 Jan 2007
Woolshed assets:      
    Grinding machine for sharpening cutters 30  *  1 Jan 2007
    Shearing machines 30  *  1 Jan 2007
    Shearing or crutching handpieces 10  *  1 Jan 2007
    Wool bale movers 10  *  1 Jan 2007
    Woolpresses 20  *  1 Jan 2007
    Woolsheds and shearing sheds 50  *  1 Jan 2007
    Wool tables, steel type 20  *  1 Jan 2007

[6] Table A, industry category AGRICULTURE, FORESTRY and FISHING (01110 to 05290), sub-category Sheep, Beef Cattle and Grain Farming and Other Crop Growing (01410 to 01590)

Omit the sub-category, substitute

Poultry farming for breeding, eggs and meat
( 01710 to 01720 )
Animal housing structures (incorporating frame, walls, roof, insulation, doors, floors and lighting) 20  *  1 Jan 2007
Animal housing environmental control assets:      
        Control systems (excluding personal computers) 10  *  1 Jan 2007
        Curtains:      
            Baffles, brooders 10  *  1 Jan 2007
            Sidewalls 5  *  1 Jan 2007
            Tunnel inlets 10  *  1 Jan 2007
        Evaporative cooling systems (including frames, pipes, pumps, tanks and coolpads) 10  *  1 Jan 2007
        Foggers 10  *  1 Jan 2007
        Heaters 15  *  1 Jan 2007
        Minimum vents (including cabling) 12  *  1 Jan 2007
        Sensors 4  *  1 Jan 2007
        Tunnel inlet panels 15  *  1 Jan 2007
        Ventilation fans:      
            Exhaust fans (tunnel, minivent) 12  *  1 Jan 2007
            Stirrer fans 15  *  1 Jan 2007
Cages (for egg layers) 20  *  1 Jan 2007
Drinking systems (including tubing, nipple drinkers, drinking cups, pressure regulators and filter units) 10  *  1 Jan 2007
Egg belt systems (under cage/nest housing) (including belts, rollers, tensioners and drive units) 15  *  1 Jan 2007
Egg conveyors (including drive units) 15  *  1 Jan 2007
Egg counters 15  *  1 Jan 2007
Egg elevators (including drive units) 15  *  1 Jan 2007
Egg grading and packing assets:    *  1 Jan 2007
Egg grader and packing systems (including box erectors, box sealers, candling machines; conveyors, crack, dirt, leak and blood detectors, denesters (egg inners and trays), egg loaders, egg oilers, egg tray stackers, egg washers, egg weigher and transfer systems, imprinters (egg and box), packers (inners, trays and boxes) and wrappers) 10  *  1 Jan 2007
        Pallet levellers (coil spring) 25  *  1 Jan 2007
        Palletisers 10  *  1 Jan 2007
        Trolley lifters 15  *  1 Jan 2007
Farm trolleys:      
        Chicken transport 10  *  1 Jan 2007
        Egg transport 10  *  1 Jan 2007
Feeding systems (including troughs, trolleys, chains, hoppers, pans, tubes with auger and drive units) 10  *  1 Jan 2007
Generators (emergency) 20  *  1 Jan 2007
Hanging cable systems (for feeders, drinkers and nest housing) 15  *  1 Jan 2007
Manure belt systems (under cage/nest housing) (including polypropylene belts, scrapers, rollers, tensioners and drive units) 15  *  1 Jan 2007
Manure conveyors (including drive units) 10  *  1 Jan 2007
Nest housing (including slatted walkways) 15  *  1 Jan 2007
Silos for feed:      
        Metal 20  *  1 Jan 2007
        Ancillary equipment:      
            Augers 10  *  1 Jan 2007
            Conveyors and elevators 15  *  1 Jan 2007
Winches 10  *  1 Jan 2007
Poultry hatcheries
( 01710 to 01720 )
Air handlers 20  *  1 Jan 2007
Boilers 20  *  1 Jan 2007
Candling equipment 20  *  1 Jan 2007
Chick counters 20  *  1 Jan 2007
Chilled water plants 20  *  1 Jan 2007
Control systems (excluding personal computers) 10  *  1 Jan 2007
Condensers/heat exchangers 10  *  1 Jan 2007
Conveyors 20  *  1 Jan 2007
Generators (emergency) 20  *  1 Jan 2007
Hatcher trolleys/dollies 10  *  1 Jan 2007
Hatcher baskets 10  *  1 Jan 2007
Hatchers (including integrated controller unit) 20  *  1 Jan 2007
Hatchery buildings (incorporating frames, walls, roof, insulation, doors, floors and lighting) 40  *  1 Jan 2007
Macerators 20  *  1 Jan 2007
Separators - chick and egg 20  *  1 Jan 2007
Setter trays 10  *  1 Jan 2007
Setter trolley unloaders 20  *  1 Jan 2007
Setter trolleys 10  *  1 Jan 2007
Setters/Incubators (including integrated controller unit) 20  *  1 Jan 2007
Stacker/Destacker systems 20  *  1 Jan 2007
Transfer machines - farm trolley to setter trolley 20  *  1 Jan 2007
Transfer machines - setter tray to hatcher basket 20  *  1 Jan 2007
Vaccinators 15  *  1 Jan 2007
Vacuum/auger systems (waste) 20  *  1 Jan 2007
Washing assets 20  *  1 Jan 2007

[7] Table A, industry category MINING ( 06000 to 10900 ), sub-category Oil and gas extraction ( 07000 )

Omit

Oil exploration plant and equipment:      
    Oil rigs (off-shore drilling) and ancillary equipment 10   1 Jan 2001
    Oil search equipment (used for geophysical surveys in remote areas):      
        Drilling plant and down-hole equipment 5   1 Jan 2001
        General plant and equipment 10   1 Jan 2001
        Mobile units and vehicles (other than passenger cars) 5   1 Jan 2001
        Other survey equipment 10   1 Jan 2001
        Portable sleeping and messing huts 5   1 Jan 2001
        Seismic survey equipment 5   1 Jan 2001
    Vessel (supply) 13 ⅓   1 Jan 2001

[8] Table A, industry category MINING ( 06000 to 10900 ), after sub-category Construction material mining ( 09110 to 09190 )

Insert

Petroleum exploration services
( 10112 )
Exploration assets used onshore:      
    Onshore surface drilling rigs (including blow out preventers, derricks, drilling fluid circulation systems, hoisting and rotary systems, rig powering and transmissions) 15  *  1 Jan 2007
    Down hole geophysics units - truck mounted 12  *  1 Jan 2007
    Drill strings 4  *  1 Jan 2007
    Portable messing and sleeping huts 7  *  1 Jan 2007
Exploration assets used offshore:      
    Offshore drilling rigs (including blow out preventers, drilling fluid circulation systems, hoisting and rotary systems, platforms, rig powering and transmissions) 20  *  1 Jan 2007
    Drill strings 3  *  1 Jan 2007
    Down hole geophysics units - skid mounted 10  *  1 Jan 2007
Seismic survey assets:      
    Airguns 5  *  1 Jan 2007
    Hydrophones 5  *  1 Jan 2007
Mineral exploration services
( 10122 )
Exploration assets:      
    Drill rigs:      
        Surface (including blow out preventers, drilling fluid circulation systems, hoisting and rotary systems, rig powering and transmission and trucks) 10  *  1 Jan 2007
        Underground 5  *  1 Jan 2007
    Geophysical survey assets:      
        Airborne geophysical assets (including magnetometers, receivers and transmitters):      
            Aircraft integrated 10  *  1 Jan 2007
            Aircraft demountable 8  *  1 Jan 2007
        Down hole geophysical assets (including acoustic televiewers, callipers, density tools, dipmeters, draw works, neutron probes, sonic probes, receiver/transmitter modules and sondes):      
            Portable assets 5  *  1 Jan 2007
                Vehicle integrated assets 8  *  1 Jan 2007
        Ground geophysical assets (including gravity instruments, resistivity receivers and transmitters, scintillometers and spectrometers) 5  *  1 Jan 2007
            Portable ground geophysical assets (including electromagnetics, ground magnetics ground penetrating radars and radiometrics) 5  *  1 Jan 2007
    Seismic survey assets:      
        Cabling 3  *  1 Jan 2007
        Geophones 5  *  1 Jan 2007
        Global positioning systems 5  *  1 Jan 2007
        Processing systems 3  *  1 Jan 2007
        Recording systems 10  *  1 Jan 2007
        Vibration source assets:      
            Buggy mounted shear wave vibrators 10  *  1 Jan 2007
            Drilling rigs - shot hole 10  *  1 Jan 2007
            Ground impactors 4  *  1 Jan 2007
        Total stations (incorporating a theodolite) 5  *  1 Jan 2007
    Portable messing and sleeping huts 7  *  1 Jan 2007

[9] Table A, industry category MANUFACTURING ( 11110 to 25990 ), sub-category Printing ( 16110 ), entry relating to Support assets

Omit

        Dust/waste extraction systems 15  *  1 Jan 2006

Substitute

        Dust/waste extraction systems:      
            Compactors 12 ½  *  1 Jan 2007
            Ducting 15  *  1 Jan 2007
            Vacuum pumps 6  *  1 Jan 2007

[10] Table A, industry category MANUFACTURING ( 11110 to 25990 ), sub-category Newspaper printing or publishing ( 16110 )

Omit

Newspaper wrapping machines 10   1 Jan 2001
Offset printers 10   1 Jan 2001

Substitute

Newspaper printing assets:      
    Ancillary assets:      
        Automated guided vehicles (including laser guided vehicles - LGV's - and track mounted automated vehicles) 10  *  1 Jan 2007
        Gripper conveyor systems (incorporating drive chains, grippers and tracks) 15  *  1 Jan 2007
        Ink pumps (mechanical) 6  *  1 Jan 2007
    Buffering/print line storage assets:      
        Storage devices (including discs, rolls, spools and associated mountings) 15  *  1 Jan 2007
        Unwinders and winders (including single, double and triple stations and buffer docking stations) 15  *  1 Jan 2007
    Newspaper wrapping machines - see Table A, Other store base retailing (42100 to 42799))      
    Offset lithography printing presses:      
        Hybrid heatset and non-heatset webfed offset presses (incorporating integrated control systems, dryers and other peripheral equipment) 15  *  1 Jan 2007
        Non-heatset ('coldset') webfed offset presses (incorporating integrated control systems, folders, pasters, reelstands and other peripheral equipment) 15  *  1 Jan 2007
    Post-press (finishing) trade services assets - see Table A Printing support services (16120)      
    Pre-press trade services assets - see Table A Printing support services(16120)      
    Quality control assets - see Table A Printing assets (16120)      
    Reel processing, storage and transport assets:      
        Conveyors 12 ½  *  1 Jan 2007
        Racks 20  *  1 Jan 2007
        Reel trolleys (incorporating controls and drive chains) 15  *  1 Jan 2007
        Shredders 15  *  1 Jan 2007
        Stripping machines 15  *  1 Jan 2007
    Support assets - see Table A Printing assets (16120)

[11] Table A, industry category MANUFACTURING ( 11110 to 25990 ), sub-category Printing support services ( 16120 ), entry relating to Post-press (finishing) trade services assets

After

    Mail inserters 5  *  1 Jan 2006

Insert

    Newspaper mailroom assets:      
        Bundle conveying and sorting systems (including bundle sorting and barcode reading stations and bundle conveyors) 12 ½  *  1 Jan 2007
        Inserters and inserting systems (incorporating feeders and feeder chains) 10  *  1 Jan 2007
        Stackers 15  *  1 Jan 2007
        Trimmers (including rotary and scissor action trimmers) 15  *  1 Jan 2007

[12] Table A, industry category MANUFACTURING ( 11110 to 25990 ), sub-category Printing support services ( 16120 ), entry relating to Pre-press trade services assets

After

    Platesetters:      
        Computer-to-plate (CtP) platesetters (including thermal and visible-light platesetters) and Direct-        to-plate flexographic platesetters (Computer Digital Imagers) 5  *  1 Jan 2006
        Film image platesetters (imagesetters) 7  *  1 Jan 2006

Insert

    Plate punch benders:      
        Automatic (optical) 5  *  1 Jan 2007
        Manual 10  *  1 Jan 2007

[13] Table A, industry category RETAIL TRADE ( 39110 to 43209 ), after sub-category Food retailing ( 41100 to 41290 )

Insert

Other store - based retailing
( 42100 to 42799 )
Newspaper wrapping machines 10   1 Jan 2001



30 November 2006

BRUCE WILLIAM QUIGLEY,
Deputy Chief Tax Counsel


Registration Number: F2006L04005

Registration Date: 8 December 2006

Related Explanatory Statements:

Effective Life 2006/4 - Explanatory statement