Document ID: chunk:federal_register_of_legislation:C2005A00147:clause:4_10
Version: federal_register_of_legislation:C2005A00147
Segment Type: clause
Provision Reference: sch 4 cl 10
Character Range: 146991–147653

10  Subsection 40‑110(1) (example)
Repeal the example, substitute:

Example: Some examples of changes in circumstances that may result in your recalculating the effective life of a depreciating asset are:
  *   your use of the asset turns out to be more or less rigorous than you expected (or was anticipated by the Commissioner's determination);
  *   there is a downturn in demand for the goods or services the asset is used to produce that will result in the asset being scrapped;
  *   legislation prevents the asset's continued use;
  *   changes in technology make the asset redundant;
  *   there is an unexpected demand, or lack of success, for a film.