Income Tax (Effective Life of Plant) Amendment Determination 2001 (No. 1)
Reference: Effective Life 2001/2
Document type: Legislative Instrument
Enabling act: Income Tax Assessment Act 1997
Date of issue: 1 July 2001
Signatory: DEIDRE FAY GERATHY, First Assistant Commissioner, Law Integrity Team, Delegate of the Commissioner of Taxation, First Assistant Commissioner, Law Integrity Team


This Determination is the Income Tax (Effective Life of Plant) Amendment Determination 2001 (No. 1). | This Determination commences on 1 July 2001. | Schedule 1 amends the Income Tax (Effective Life of Plant) Determination 2000. | (section 3) | [1] Table A, industry category Agriculture, Forestry and Fishing (01110 to 04203), sub-category Agriculture (01110 to 02200) | omit Grain (iron) 33⅓ 1 Jan 2001 Other 33⅓ 1 Jan 2001 | insert Grain (metal) 30 1 Jul 2001 | [2] Table A, industry category Cultural and Recreational Services (91110 to 93302), sub-category Sport, Gambling and Other Recreation Services (93111 to 93302) | omit Eight Ball table (coin operated pool tables) 10 1 Jan 2001 | insert Coin-operated amusement machines: Children's rides 5 1 Jul 2001 Convertible video game/simulator (cabinet) 5 ½ 1 Jul 2001 Dedicated video game/simulator 3½ 1 Jul 2001 Interchangeable video game kit 1 1 Jul 2001 Juke box (compact disc) 10 1 Jul 2001 Photo-image machines 3½ 1 Jul 2001 Pinball machines 3½ 1 Jul 2001 Pool/Billiard tables 10 1 Jul 2001 Redemption games (prizes/tickets) 5½ 1 Jul 2001 Table games (including air hockey, soccer, etc) 5½ 1 Jul 2001 | [3] Table A, industry category Cultural and Recreational Services (91110 to 93302), sub-category Sport, Gambling and Other Recreation Services (93111 to 93302) | omit Slot machines 5 1 Jan 2001 | [4] Table A, industry category Cultural and Recreation Services (91110 to 93302), sub-category Sport, Gambling and Other Recreation Services (93111 to 93302) | omit Juke Boxes 10 1 Jan 2001 | [5] Table A, industry category Electricity, Gas and Water Supply (36100 to 37020), sub-category Electricity and gas supply (36100 to 36200) | omit Lightning arresters 50 1 Jan 2001 | [6] Table A, industry category Electricity, Gas and Water Supply (36100 to 37020), sub-category Electricity and gas supply (36100 to 36200) | omit Storage batteries 13⅓ 1 Jan 2001 Switchboards 20 1 Jan 2001 | [7] Table A, industry category Mining (11010 to 15200), sub-category Coal Mining and Metal Ore Mining (11010 to 110202) and (13110 to 13190) | after Mine cars 10 1 Jan 2001 | insert Mudlakes 10 1 Jan 2001 | [8] Table A, industry category Mining (11010 to 15200), sub-category Oil and Gas Extraction (12000) | omit Mudlakes 10 1 Jan 2001 | [9] Table A, industry category Personal and Other Services (95110 to 97000) | after PERSONAL AND OTHER SERVICES (95110 to 97000) | insert Personal and other goods hiring (95110 to 95190) Generally: If the asset is hired and used predominantly by a particular industry, see the entry in Table A for that industry. Otherwise, see Table B. 1 Jul 2001 Other personal services (95710 to 95291) | [10] Table A, industry category Property and Business Services (77110 to 78690) | after PROPERTY AND BUSINESS SERVICES (77110 to 78690) | insert Machinery and Equipment Hiring and Leasing (77410 to 77430) Generally: If the asset is hired, or leased to, and used predominantly by a particular industry, see the entry in Table A for that industry. Otherwise, see Table B. 1 Jul 2001 Technical Services (78210 to 78290) | [11] Table B, items beginning with A | after Art Works 100 1 Jan 2001 | insert Automatic Teller Machine 8 1 Jul 2001 | [12] Table B, items beginning with B | after B | insert Batteries (Storage) 13⅓ 1 Jan 2001 | [13] Table B, items beginning with G | omit Generators (steam, electric) 20 1 Jan 2001 | insert Generators 20 1 Jan 2001 | [14] Table B, items beginning with L | after Lighting System (fluorescent) 20 1 Jan 2001 | insert Lightning arresters 50 1 Jan 2001 | [15] Table B, items beginning with S | after Other equipment 13⅓ 1 Jan 2001 | insert Switchboards 20 1 Jan 2001 | [16] Table B, items beginning with T | omit Traction Engines (oil or wood fuel) 10 1 Jan 2001 | [17] Table B, items beginning with V | omit Video: Game machines 5 1 Jan 2001 Video juke boxes 6⅔ 1 Jan 2001 Other 10 1 Jan 2001 | insert Vending Machine 5 1 Jul 2001