Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2006 (No. 3) (Cth)
Legislative Instrument
Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2006 (No. 3)
I, BRUCE WILLIAM QUIGLEY, First Assistant Commissioner, Office of the Chief Tax Counsel, make this Determination under subsection 40-100(1) of the Income Tax Assessment Act 1997.
Dated 19 June 2006
Bruce Quigley
First Assistant Commissioner, Office of Chief Tax Counsel
Name of Determination
This Determination is the Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2006 (No. 3).
Commencement
This Determination commences on 1 July 2006, immediately after the commencement of the Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2006 (No. 2).
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), sub-category Agriculture (01110 to 01990), entry relating to Fruit growers’ plant
Omit
| Hail netting: | ||
| Black (UV inhibited) | 10 | 1 Jan 2001 |
| White or clear | 5 | 1 Jan 2001 |
| Support poles, wires, high tensile cables | 40 | 1 Jan 2001 |
[2] Table A, industry category AGRICULTURE, FORESTRY and FISHING (01110 to 05290), sub-category Agriculture (01110 to 01990)
Omit
| Glass houses (metal-framed) | 50 | 1 Jan 2001 |
| Greenhouse ‘igloo’ components: | ||
| Galvanised piping frames | 20 | 1 Jan 2001 |
| Fibreglass covering, electric fans and misted water spray equipment | 62/3 | 1 Jan 2001 |
[3] Table A, industry category AGRICULTURE, FORESTRY and FISHING (01110 to 05290), before sub-category Agriculture (01110 to 01990)
Insert
| Environmental control structures (including glasshouses, hothouses, germination rooms, plastic clad tunnels and igloos) | 20 | * | 1 Jul 2006 |
| Protective structures (including shade houses and netting constructions) | 20 | * | 1 Jul 2006 |
[4] Table A, industry category AGRICULTURE, FORESTRY and FISHING (01110 to 05290), after sub-category Agriculture (01110 to 01990)
Insert
| Nursery and floriculture production (01110 to 01150) | |||
| Chemical spraying assets: | |||
| Generally (including broad acre trailed or linkage boom and utility) | 10 | * | 1 Jul 2006 |
| Environmental control assets: | |||
| Boilers (including piping) | 20 | * | 1 Jul 2006 |
| Control systems | 10 | * | 1 Jul 2006 |
| Evaporative coolers | 10 | * | 1 Jul 2006 |
| Heating assets | 10 | * | 1 Jul 2006 |
| Instruments (including sensors) | 10 | * | 1 Jul 2006 |
| Retractable screens | 8 | * | 1 Jul 2006 |
| Ventilation fans | 5 | * | 1 Jul 2006 |
| Fertigation system assets (incorporating control systems, pumps and tanks) | 10 | * | 1 Jul 2006 |
| General assets: | |||
| Bins and pallets | 5 | * | 1 Jul 2006 |
| Fertiliser spreaders | 10 | * | 1 Jul 2006 |
| Fumigation assets | 5 | * | 1 Jul 2006 |
| Pasteurisation assets: | |||
| Pasteurisation rooms | 20 | * | 1 Jul 2006 |
| Steam boilers | 15 | * | 1 Jul 2006 |
| Racks | 15 | * | 1 Jul 2006 |
| Ride on mowers | 5 | * | 1 Jul 2006 |
| Refrigeration assets: | |||
| Insulation panels used in cool rooms | 40 | * | 1 Jul 2006 |
| Refrigeration generally | 10 | * | 1 Jul 2006 |
| Trailers | 15 | * | 1 Jul 2006 |
| Trolleys | 15 | * | 1 Jul 2006 |
| Weed mats | 5 | * | 1 Jul 2006 |
| Harvesting assets: | |||
| Bed lifters and diggers | 10 | * | 1 Jul 2006 |
| Tree spades | 15 | * | 1 Jul 2006 |
| Packaging assets: | |||
| Deleafers | 15 | * | 1 Jul 2006 |
| Bunching and bundling machines | 15 | * | 1 Jul 2006 |
| Grading machines | 15 | * | 1 Jul 2006 |
| Planting assets: | |||
| Benches and tables | 10 | * | 1 Jul 2006 |
| Conveyors | 15 | * | 1 Jul 2006 |
| Dibblers and seeders | 15 | * | 1 Jul 2006 |
| Hoppers | 15 | * | 1 Jul 2006 |
| Pot, punnet and tray dispensers | 12 | * | 1 Jul 2006 |
| Potting machines (including pot and bag fillers) | 10 | * | 1 Jul 2006 |
| Soil elevators | 10 | * | 1 Jul 2006 |
| Soil mixers | 10 | * | 1 Jul 2006 |
| Transplanters (plugs and seedlings) | 8 | * | 1 Jul 2006 |
| Tray and punnet fillers | 10 | * | 1 Jul 2006 |
| Tray washers | 15 | * | 1 Jul 2006 |
| Vermiculite dispensers and coverers | 15 | * | 1 Jul 2006 |
| Propagation assets: | |||
| Heated propagators | 10 | * | 1 Jul 2006 |
| Seedling and punnet trays, reusable | 3 | * | 1 Jul 2006 |
| Turf growing assets: | |||
| Chemical spraying assets: | |||
| Generally (including broad acre trailed or linkage boom and utility) | 10 | * | 1 Jul 2006 |
| Fertiliser spreaders | 10 | * | 1 Jul 2006 |
| Field top makers | 10 | * | 1 Jul 2006 |
| Land planes | 25 | * | 1 Jul 2006 |
| Line planters | 10 | * | 1 Jul 2006 |
| Mowers (including reel and rotary mowers) | 10 | * | 1 Jul 2006 |
| Net layers | 10 | * | 1 Jul 2006 |
| Power harrows | 10 | * | 1 Jul 2006 |
| Roll layers | 10 | * | 1 Jul 2006 |
| Soil aerators | 10 | * | 1 Jul 2006 |
| Trailers | 15 | * | 1 Jul 2006 |
| Turf harvesters (including pedestrian and tractor mounted harvesters) | 10 | * | 1 Jul 2006 |
| Turf rollers | 15 | * | 1 Jul 2006 |
| Turf seeders | 15 | * | 1 Jul 2006 |
| Turf vacuums | 10 | * | 1 Jul 2006 |
[5] Table A, industry category AGRICULTURE, FORESTRY and FISHING (01110 to 05290), sub-category Agriculture (01110 to 01990)
Omit
| Sheep farming plant: | ||
| Shearing machines | 131/3 | 1 Jan 2001 |
| Shearing stands (demountable) | 10 | 1 Jan 2001 |
| Sheep dips (concrete) | 50 | 1 Jan 2001 |
| Woolsheds: | ||
| With brick, stone or concrete walls | 662/3 | 1 Jan 2001 |
| Wood or iron walls | 50 | 1 Jan 2001 |
[6] Table A, industry category AGRICULTURE, FORESTRY and FISHING (01110 to 05290), after sub-category Nursery and floriculture production (01110 to 01150)
Insert
| Sheep, beef cattle and grain farming and other crop growing (01410 to 01590) | |||
| Grain, cotton, peanut and rice assets: | |||
| Chemical spraying assets: | |||
| Generally (including broad acre trailed or linkage boom and utility) | 10 | * | 1 Jul 2006 |
| Self-propelled | 8 | * | 1 Jul 2006 |
| General assets: | |||
| Aeration assets: | |||
| Controllers | 10 | * | 1 Jul 2006 |
| Kits | 15 | * | 1 Jul 2006 |
| Dryers | 20 | * | 1 Jul 2006 |
| Moisture meters | 5 | * | 1 Jul 2006 |
| Mulchers | 10 | * | 1 Jul 2006 |
| Peanut pre-cleaners | 10 | * | 1 Jul 2006 |
| Slashers | 7 | * | 1 Jul 2006 |
| Harvesting assets: | |||
| Boll buggies | 15 | * | 1 Jul 2006 |
| Chaser bins | 15 | * | 1 Jul 2006 |
| Field bins | 20 | * | 1 Jul 2006 |
| Fuel trailers | 15 | * | 1 Jul 2006 |
| Module builders | 15 | * | 1 Jul 2006 |
| Module tarpaulins | 5 | * | 1 Jul 2006 |
| Peanut diggers (including peanut pullers) | 10 | * | 1 Jul 2006 |
| Precision farming assets (including GPS, controllers, lightbars, variable rate technology assets) (excluding hydraulic automated steering) | 5 | * | 1 Jul 2006 |
| Seeding and fertilizing assets: | |||
| Fertilizer spreaders (including linkage and trailed) | 10 | * | 1 Jul 2006 |
| Planters (including bar, box, combined seeders, precision planters and row crop planters) | 15 | * | 1 Jul 2006 |
| Seed and fertilizer bins | 15 | * | 1 Jul 2006 |
| Tillage assets: | |||
| Generally | 15 | * | 1 Jul 2006 |
| Harrows | 5 | * | 1 Jul 2006 |
| Laser controlled scraping assets: | |||
| Transmitters | 7 | * | 1 Jul 2006 |
| Buckets | 10 | * | 1 Jul 2006 |
| Rippers | 10 | * | 1 Jul 2006 |
| Sheep farming assets: | |||
| Crutching machines, portable type | 10 | * | 1 Jul 2006 |
| Dipping and spraying assets for parasite control: | |||
| Jet spray system assets (including the race or handler dedicated to the jet spray system) | 10 | * | 1 Jul 2006 |
| Mobile plunge dips | 5 | * | 1 Jul 2006 |
| Feeders (including grain feeders, oat feeders, hay feeders) | 15 | * | 1 Jul 2006 |
| Footbaths | 10 | * | 1 Jul 2006 |
| Instruments for measuring wool fibre fineness, laser type | 10 | * | 1 Jul 2006 |
| Instruments for measuring backfat or eye muscle or detecting pregnancy, ultrasound type (incorporating probe and monitor) | 5 | * | 1 Jul 2006 |
| Sheep handling assets (including autodrafter, conveyor, cradle, crate, crutching trailer, elevator, ewe lifter, handler, hydraulic lift, rollover unit, shearing table, weigh crate, winch used to lift sheep) | 15 | * | 1 Jul 2006 |
| Weigh bars, weigh indicators and weigh platforms | 10 | * | 1 Jul 2006 |
| Yards, races, leadup systems and loading ramps: | |||
| Permanent type | 40 | * | 1 Jul 2006 |
| Portable type | 25 | * | 1 Jul 2006 |
| Woolshed assets: | |||
| Grinding machine for sharpening cutters | 30 | * | 1 Jul 2006 |
| Shearing machines | 30 | * | 1 Jul 2006 |
| Shearing or crutching handpieces | 10 | * | 1 Jul 2006 |
| Wool bale movers | 10 | * | 1 Jul 2006 |
| Woolpresses | 20 | * | 1 Jul 2006 |
| Woolsheds and shearing sheds | 50 | * | 1 Jul 2006 |
| Wool tables, steel type | 20 | * | 1 Jul 2006 |
[7] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Printing (16110)
Omit
| Flexographic printing assets: | ||
| Printing machines incorporating electronic memory units | 10 | 1 Jan 2001 |
[8] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Printing (16110)
After
| Commercial printing assets: | |||
| Digital printing assets (including flatbed digital printers, ink based thermal imaging printers, ink jet printers, spray jet digital printers and toner based printers) | 5 | * | 1 Jan 2006 |
Insert
| Flexographic printing assets: | |||
| Ancillary assets: | |||
| Anilox roll cleaning machines | 15 | * | 1 Jul 2006 |
| Anilox trolley tugs | 10 | * | 1 Jul 2006 |
| Ink dispensing systems | 10 | * | 1 Jul 2006 |
| Sleeves | 2 | * | 1 Jul 2006 |
| Sleeve mounting machines | 10 | * | 1 Jul 2006 |
| Printing assets: | |||
| Die cutters, flexo/folder/gluers (see Pulp, paper and converted paper product manufacturing (15100 to 15290), Box and carton making converting assets) | |||
| Presses (including mid web, narrow web, very wide web and wide web flexographic presses) | 121/2 | * | 1 Jul 2006 |
[9] Table A, industry category MANUFACTURING (11110 to 25990), sub-category Printing (16110)
Omit
| Quality control assets (including densitometers, plate readers and spectrophotometers) | 5 | * | 1 Jan 2006 |
Substitute
| Quality control assets: | |||
| Automatic web inspection systems | 6 | * | 1 Jul 2006 |
| Gas Chromatograph (‘GC’) testers | 8 | * | 1 Jul 2006 |
| Others (including densitometers, plate readers and spectrophotometers) | 5 | * | 1 Jul 2006 |
[10] Table A, industry category WHOLESALE TRADE (33110 to 38000)
Insert
| Wool wholesaling (33110) | |||
| Wool presses | 20 | * | 1 Jul 2006 |
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