Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2003 (No. 3) (Cth)

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

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

Dated 27 November 2003

Signed by Bruce Quigley

Deputy Chief Tax Counsel

1. Name of Determination

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

1. Commencement

This Determination commences on 1 January 2004.

1. 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	131/3	1 Jan 2001
Organic Peroxides Explosion (cell block)	20	1 Jan 2001
Fertiliser Manufacturing Plant	20	1 Jan 2001
Oxygen Manufacturing Plant	131/3	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	131/3	1 Jan 2001
Blow moulders	131/3	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	131/3	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)	331/3	1 Jan 2001
General plant	131/3	1 Jan 2001
Silos (steel and concrete)	100	1 Jan 2001

insert

Flour-milling Plant:
Bins (wooden)	331/3	1 Jan 2001
General plant	131/3	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	131/3	1 Jan 2001
Forging stainless steel elbows	5	1 Jan 2001
General plant	20	1 Jan 2001
Overall rate (alternative to the above)	131/3	1 Jan 2001
Tooling in metal trade	41/2	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	131/3	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)	131/3	1 Jan 2001
Raw slurry storage bins	662/3	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)	131/3	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	131/3	1 Jan 2001
Explosive Manufacturing and Chemical Plant	131/3	1 Jan 2001
Eucalyptus Oil Plant:
Stills (coolers)	40	1 Jan 2001
Tanks	40	1 Jan 2001
Gelatine and Glue Manufacturing Plant	131/3	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)	131/3	1 Jan 2001
Plastic Industry:
Blow moulders	131/3	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	131/3	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	131/3	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	171/2	* #	1 Jul 2002
Instruments	121/2	*	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	121/2	*	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	662/3	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	131/3	1 Jan 2001

insert

Silos:
Bulk handling:
Ancillary mechanical equipment	131/3	1 Jan 2001
Concrete construction	50	*	1 Jan 2004
Galvanised construction	30	*	1 Jan 2004
Steel construction	40	*	1 Jan 2004