Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2007 (No. 1) 
Reference: Effective Life 2007/1
Document type: Legislative Instrument
Enabling act: Income Tax Assessment Act 1997
Date of issue: 18 June 2007
Signatory: THOMAS MEREDITH, Senior Assistant Commissioner, Office of the Chief Tax Counsel.
Registration number: F2007L01812
Registration date: 20 June 2007


This Determination is the Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2007 (No. 1) . | This Determination commences on 1 July 2007. | Schedule 1 amends the Income Tax (Effective Life of Depreciating Assets) Determination 2001 . | (section 3) | [1] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ) | Before Environmental control structures (including glasshouses, hothouses, germination rooms, plastic clad tunnels and igloos) 20 * 1 Jul 2006 | Insert All terrain vehicles (ATVs) used in primary production activities 5 * 1 Jul 2007 | [2] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ) | After Environmental control structures (including glasshouses, hothouses, germination rooms, plastic clad tunnels and igloos) 20 * 1 Jul 2006 | Insert Motorcycles used in primary production activities 5 * 1 Jul 2007 | [3] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ) | After Sheds on land that is used for agricultural or pastoral operations (including machinery sheds, workshop sheds, farm production sheds) 40 * 1 Jan 2007 | Insert Tractors 12 * 1 Jul 2007 | [4] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ), sub-category Agriculture ( 01110 to 01990 ) | Omit Dairy farm plant (power): 20 1 Jan 2001 | [5] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ), sub-category Agriculture ( 01110 to 01990 ) | After Curing barns (tobacco, timber, peanut, corn or grain) 13 ⅓ 1 Jan 2001 | Insert Dairy cattle farming assets: Automatic calf feeders 10 * 1 Jul 2007 Barn fed dairy farms: Bulk and segregated commodity storage facilities (incorporating bunkers) 30 * 1 Jul 2007 Exercise yards 20 * 1 Jul 2007 Feeding barns and maternity barns (incorporating cow beds, fans, and feed alleys) 20 * 1 Jul 2007 Cattle handling assets: Air operated gates 10 * 1 Jul 2007 All terrain vehicles(ATVs) 3 * 1 Jul 2007 Automatic drafting systems 7 * 1 Jul 2007 Automatic ID systems 7 * 1 Jul 2007 Automatic weighing systems and cattle scales 5 * 1 Jul 2007 Backing gates 15 * 1 Jul 2007 Calf cradles 10 * 1 Jul 2007 Cattle crushes 10 * 1 Jul 2007 Cattle laneways 30 * 1 Jul 2007 Cattle yards (including loading ramps) 30 * 1 Jul 2007 Dairy milking sheds 30 * 1 Jul 2007 Dairy yards and races 20 * 1 Jul 2007 Teat spraying systems: Automatic 7 * 1 Jul 2007 Manual 10 * 1 Jul 2007 Clean up assets: High pressure pumps and hoses 10 * 1 Jul 2007 Hot water services 10 * 1 Jul 2007 Milk line washing systems: Automatic 10 * 1 Jul 2007 Manual 10 * 1 Jul 2007 Feed milling and handling assets: Augers 10 * 1 Jul 2007 Conveyors and elevators 15 * 1 Jul 2007 Feed pads and bunkers 30 * 1 Jul 2007 Feeding systems: Automatic 12 * 1 Jul 2007 Manual 15 * 1 Jul 2007 Feed mixers 7 * 1 Jul 2007 Grain mills (including roller mills, disc mills and hammer mills) 15 * 1 Jul 2007 Manure spreaders 10 * 1 Jul 2007 Silage pits 40 * 1 Jul 2007 Silage wagons 10 * 1 Jul 2007 Silos (steel) 20 * 1 Jul 2007 Telescopic handlers 10 * 1 Jul 2007 Tub grinders 7 * 1 Jul 2007 Milking and milk handling assets: Automatic cluster removers 10 * 1 Jul 2007 Bailing systems: Herringbone (including swing over, double up and rapid exit) 15 * 1 Jul 2007 Rotary 15 * 1 Jul 2007 Walk through 15 * 1 Jul 2007 Filters 15 * 1 Jul 2007 Milking systems (incorporating clusters, swing over arms, hoses, pipes, pulsators, vacuum pumps, variable speed control) 15 * 1 Jul 2007 Milk meters and recording jars (including conductivity sensors) 10 * 1 Jul 2007 Milk vats 25 * 1 Jul 2007 Plate coolers 15 * 1 Jul 2007 Receivers 15 * 1 Jul 2007 Refrigeration compressors 10 * 1 Jul 2007 | [6] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ), sub-category Agriculture ( 01110 to 01990 ), entry relating to Grain cotton, peanut and rice assets : Harvesting assets | After Chaser bins 15 * 1 Jan 2007 Insert Combine harvesters 12 * 1 Jul 2007 Cotton picker/strippers 10 * 1 Jul 2007 | [7] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ), sub-category Agriculture ( 01110 to 01990 ), entry relating to Grain cotton, peanut and rice assets : Harvesting assets | After Peanut diggers (including peanut pullers) 10 * 1 Jan 2007 | Insert Peanut threshers 12 * 1Jul 2007 | [8] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ), sub-category Agriculture ( 01110 to 01990 ), entry relating to Hay and foraging assets | After Baler and wrappers 10 * 1 Jan 2007 | Insert Forage harvesters 10 * 1 Jul 2007 | [9] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ), sub-category Agriculture ( 01110 to 01990 ) | Omit Headers, self propelled (combine harvesters) 6 ⅔ * 1 Jan 2001 | [10] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ), sub-category Agriculture ( 01110 to 01990 ) | Omit Motor cycles (used for mustering, maintenance of fences, etc) 3 * 1 Jan 2001 | [11] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ), after sub-category Nursery and Floriculture Production ( 01110 to 01150 ) | Insert Hydroponics ( 01220 ) ASSET LIFE (YEARS ) REVIEWED DATE OF APPLICATION Hanging gutters 10 * 1 Jul 2007 Troughs 10 * 1 Jul 2007 Hydroponics growers may use the effective life for relevant assets shown in Nursery and Floriculture Production (01110 to 01150) Vegetable and cane growing ( 01230 and 01510 ) ASSET LIFE (YEARS ) REVIEWED DATE OF APPLICATION Chemical spraying assets: Generally 10 * 1 Jul 2007 Self-propelled 8 * 1 Jul 2007 Fertilizer spreaders: Generally 10 * 1 Jul 2007 Spinner 5 * 1 Jul 2007 General assets: Bins: Plastic 10 * 1 Jul 2007 Timber 5 * 1 Jul 2007 Mulch layers 12 * 1 Jul 2007 Mulch lifters 12 * 1 Jul 2007 Mulchers 8 * 1 Jul 2007 Rakes (eg cane trash rake) 10 * 1 Jul 2007 Slashers 8 * 1 Jul 2007 Harvesting assets: Cane haul out bins 12 * 1 Jul 2007 Harvesters (including cane, carrot, onion, potato and tomato) 10 * 1 Jul 2007 Harvesting aids (incorporating trailer and conveyor belts) 15 * 1 Jul 2007 Onion lifters 10 * 1 Jul 2007 Trailers 15 * 1 Jul 2007 Windrowers (including potato diggers, onion and potato windrowers) 10 * 1 Jul 2007 Planting assets: Billet planters 12 * 1 Jul 2007 Potato cutters 15 * 1 Jul 2007 Potato planters 10 * 1 Jul 2007 Precision seeders 10 * 1 Jul 2007 Transplanters: Automated 7 * 1 Jul 2007 Manual 10 * 1 Jul 2007 Tillage assets: Generally 15 * 1 Jul 2007 PTO operated (including rotary hoes and power harrows) 8 * 1 Jul 2007 Trellising assets: Stake drivers 12 * 1 Jul 2007 Stake pullers 12 * 1 Jul 2007 Trellising (incorporating stakes and wire) 5 * 1 Jul 2007 Wire winders 15 * 1 Jul 2007 Coffee, olive and tree nut growing ( 01370, 01390 and 01590 ) ASSET LIFE (YEARS ) REVIEWED DATE OF APPLICATION Chemical spraying assets (including air blast sprayers and linkage sprayers) 10 * 1 Jul 2007 Cleaning and mulching assets: Blowers 10 * 1 Jul 2007 Mowers (including zero turn and ride on) 8 * 1 Jul 2007 Mulchers 8 * 1 Jul 2007 Slashers 10 * 1 Jul 2007 Sweeper attachments 10 * 1 Jul 2007 Fertilizer spreaders 10 * 1 Jul 2007 General assets: Bins: Plastic 10 * 1 Jul 2007 Timber 5 * 1 Jul 2007 Stakes (including trellising) 3 * 1 Jul 2007 Harvesting assets: Bankouts (almonds) 15 * 1 Jul 2007 Catcher nets 10 * 1 Jul 2007 Elevators (almonds) 12 * 1 Jul 2007 Harvesters: Coffee 10 * 1 Jul 2007 Olive 10 * 1 Jul 2007 Nuts: Generally 10 * 1 Jul 2007 Macadamia mower mounted 8 * 1 Jul 2007 Pick ups (eg almonds) 12 * 1 Jul 2007 Sweepers 12 * 1 Jul 2007 Tree shakers 10 * 1 Jul 2007 Reservoir carts (almonds) 15 * 1 Jul 2007 Harvesting pole rakes 5 * 1 Jul 2007 Trailers 15 * 1 Jul 2007 Pruning assets: Chain saws 5 * 1 Jul 2007 Electric hand pruners 3 * 1 Jul 2007 Manual hand pruners 2 * 1 Jul 2007 Pneumatic pruners: Compressor 10 * 1 Jul 2007 Hand tools 5 * 1 Jul 2007 | [12] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ), after sub-category Forestry and logging ( 03010 to 03020 ) | Omit Aquaculture and fishing ( 02011 to 02039 and 04111 to 04199 ) ASSET LIFE (YEARS ) REVIEWED DATE OF APPLICATION Fish farming ponds (earth and clay) 20 * 1 Jan 2001 Fishing plant: Boats 13 ⅓ * 1 Jan 2001 Fish holding baskets 10 * 1 Jan 2001 Purse seine fishing net 5 * 1 Jan 2001 Pearling and oyster fishing plant: * * * Luggers (oyster fishing) 13 ⅓ * Pearling boats 20 * 1 Jan 2001 Pumps 13 ⅓ * 1 Jan 2001 Prawn farming ponds and plant 20 * 1 Jan 2001 | [13] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ), after sub-category Poultry hatcheries ( 01710 to 01720 ) | Insert Aquaculture ( 02011 to 02039 ) ASSET LIFE (YEARS ) REVIEWED DATE OF APPLICATION Aeration assets: Direct supply systems (including paddlewheels and aspirators): Fresh water 6 * 1 Jul 2007 Salt water 3 * 1 Jul 2007 Remote or indirect supply systems (incorporating blowers, diaphragm pumps, diffusers, upwellers and pipelines) 10 * 1 Jul 2007 Aquaculture tanks: Concrete 20 * 1 Jul 2007 Fibreglass 15 * 1 Jul 2007 Polyethylene 20 * 1 Jul 2007 Raceways 20 * 1 Jul 2007 Transport of live products 10 * 1 Jul 2007 Bins and crates 5 * 1 Jul 2007 Cooling assets (including water chillers) 10 * 1 Jul 2007 Control systems 10 * 1 Jul 2007 Environmental control structures and protective structures used in salt water environment 15 * 1 Jul 2007 Feeders (including belt, pendulum, scatter and blower) 5 * 1 Jul 2007 Graders 10 * 1 Jul 2007 Harvesting nets 4 * 1 Jul 2007 Hatching assets (including hatching containers) 10 * 1 Jul 2007 Heating assets: Direct heating system (including immersion heaters): Fresh water 10 * 1 Jul 2007 Salt water 5 * 1 Jul 2007 Indirect heating system (including heat exchangers and passive heating) 10 * 1 Jul 2007 Instruments (including sensors and water quality meters) 5 * 1 Jul 2007 Oyster farming assets: Oyster growing structures (incorporating posts and racks or lines) 10 * 1 Jul 2007 Baskets 8 * 1 Jul 2007 Rumblers 10 * 1 Jul 2007 Sticks 5 * 1 Jul 2007 Trays: Plastic 8 * 1 Jul 2007 Timber 5 * 1 Jul 2007 Vats, treatment 15 * 1 Jul 2007 Pearling and oyster fishing plant: Luggers (oyster fishing) 13 ⅓ * 1 Jan 2001 Pearling boats 20 * 1 Jan 2001 Power supply assets, emergency or standby: * * * Generators (incorporating attached engine management and generator monitoring instruments) 15 * 1 Jul 2007 Processing assets: Conveyors, elevators and hoppers 10 * 1 Jul 2007 Cookers 10 * 1 Jul 2007 Packaging assets (including vacuum and modified atmospheric packing) 10 * 1 Jul 2007 Refrigeration assets: Insulation panels in cool or freezer rooms used in salt water environment 20 * 1 Jul 2007 Sea cages (incorporating rings, nets, ropes, anchors, weights and stanchions) 10 * 1 Jul 2007 Water assets: Aquaculture channels and ponds 20 * 1 Jul 2007 Liners and erosion matting for ponds and channels 15 * 1 Jul 2007 Pipes and pipelines: Above ground (polyethylene, polyvinylchloride including lay flat hoses) 10 * 1 Jul 2007 In ground (polyethylene and polyvinylchloride) 30 * 1 Jul 2007 Pumps: Generally: Fresh water 10 * 1 Jul 2007 Salt water 5 * 1 Jul 2007 Single phase transfer pumps: Fresh water 5 * 1 Jul 2007 Salt water 3 * 1 Jul 2007 Water treatment assets (including filtration assets, foam fractionators, oxygen and ozone generators and UV sterilizers) 10 * 1 Jul 2007 Water transport and ancillary assets: * * * Boats, aluminium 15 * 1 Jul 2007 Lifting assets 10 * 1 Jul 2007 Outboard motors 5 * 1 Jul 2007 Trailers 8 * 1 Jul 2007 Weighing machines 5 * 1 Jul 2007 | [14] Table A, industry category AGRICULTURE, FORESTRY and FISHING ( 01110 to 05290 ), after sub-category Forestry and logging ( 03010 to 03020 ) | Insert Fishing ( 04111 to 04199 ) ASSET LIFE (YEARS ) REVIEWED DATE OF APPLICATION Fishing plant: Boats 13 ⅓ * 1 Jan 2001 Fish holding baskets 10 * 1 Jan 2001 Purse seine fishing net 5 * 1 Jan 2001 | [15] Table B, items beginning with T | Omit Tractors 6 ⅔ * 1 Jan 2001 | Insert Tractors 12 * 1 Jul 2007