Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2003 (No. 1)

Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2003 (No. 1)

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

Dated: 10 June 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. 1).

2 Commencement

  This Determination is taken to have commenced on 1 January 2003.

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 2002 (No. 2).

Schedule 1 Amendments

(section 3)

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

after

insert

[2] Table A, industry category Mining (11010 to 15200), sub‑category Coal Mining and Metal Ore Mining etc (11010 to 11020) and (13110 to 15200)

before

insert