Document ID: chunk:federal_register_of_legislation:F2022C00749:reg:5:p142
Version: federal_register_of_legislation:F2022C00749
Segment Type: reg
Provision Reference: reg 5 (pt 142/202)
Character Range: 1419834–1429545

Underground (diesel‑battery)                                                                                                                                                               15            *         1 Jan 2002
 Passenger:
  Electric/diesel power cars and trailers                                                                                                                                                    30            *         1 Jan 2002
  Locomotive hauled carriages (including baggage   vans, diners, mail vans, sit‑up cars, and sleepers)                                                                                       30            *         1 Jan 2002
  Power vans                                                                                                                                                                                 15            *         1 Jan 2002
 Rail mounted track infrastructure assets:
  Generally (including ballast      wagons/cleaners/regulators, rail grinders,                                           sleeper laying machines and track recorders)                        20            *         1 Jan 2002
  Mainline and switch tampers                                                                                                                                                                15            *         1 Jan 2002
 Wagons – bulk freight:
  Mineral ores and coal:
   Carbon steel                                                                                                                                                                              20            *         1 Jan 2002
   Ferritic steel                                                                                                                                                                            30            *         1 Jan 2002
  Other:
   Coke quenchers                                                                                                                                                                            15            *         1 Jan 2002
   Grain hoppers                                                                                                                                                                             20            *         1 Jan 2002
   Limestone                                                                                                                                                                                 20            *         1 Jan 2002
   Pneumatic discharge – cement                                                                                                                                                              20            *         1 Jan 2002
   Used on tram lines                                                                                                                                                                        40                      1 Jan 2001
  Tank cars                                                                                                                                                                                  20            *         1 Jan 2002
 Wagons – non bulk freight (including all wagons  used for general and inter‑modal freight)                                                                                                  30            *         1 Jan 2002

Note: From the 2012-13 income year, a capped life of 10 years is available for the decline in value of eligible shipping vessels but only if certain conditions are met (see subsection 40-102(4) item 10 and subsection 40-102(4A))

Water transport and support services
(48100 to 48200 and 52110 to 52190)
ASSET                                                                                                                                                                                                                                 LIFE (YEARS)  REVIEWED  DATE OF APPLICATION
Commercial vessels:
 Canoes                                                                                                                                                                                                                               10            *         1 Jul 2009
 Dinghies and punts (not longer than 6 metres)                                                                                                                                                                                        12            *         1 Jul 2009
 Fishing vessels (including trawlers, long liners,  seiners, fin fish boats, pearling boats, lobster boats,  aquaculture and other fishing boats):
  Longer than 10 metres                                                                                                                                                                                                               20            *         1 Jul 2009
  Not longer than 10 metres                                                                                                                                                                                                           15            *         1 Jul 2009
 Houseboats                                                                                                                                                                                                                           20            *         1 Jul 2009
 Inflatable boats (excluding rigid hull inflatable boats)                                                                                                                                                                             7             *         1 Jul 2009
 Jet skis                                                                                                                                                                                                                             4             *         1 Jul 2009
 Kayaks                                                                                                                                                                                                                               5             *         1 Jul 2009
 Offshore supply and support vessels                                                                                                                                                                                                  20            *         1 Jul 2009
 Passenger vessels (including cruise vessels,  skippered charter vessels, vehicle and passenger  ferries, semi submersible vessels and water taxis):
  Longer than 10 metres                                                                                                                                                                                                               20            *         1 Jul 2009
  Not longer than 10 metres                                                                                                                                                                                                           15            *         1 Jul 2009
 Pedal boats                                                                                                                                                                                                                          10            *         1 Jul 2009
 Pontoon boats (excluding pontoons or floating  jetties used for storage or walkway only)                                                                                                                                             15            *         1 Jul 2009
 Sail boats (not longer than 6 metres and including 'off  the beach' boats)                                                                                                                                                           10            *         1 Jul 2009
 Ski boats                                                                                                                                                                                                                            10            *         1 Jul 2009
 Thrill boats (including jet boats)                                                                                                                                                                                                   10            *         1 Jul 2009
 Trading ships:
  Bulk carriers                                                                                                                                                                                                                       20            *         1 Jul 2009
  Cargo ships                                                                                                                                                                                                                         20            *         1 Jul 2009
  Container ships                                                                                                                                                                                                                     20            *         1 Jul 2009
  Roll on/roll off ships                                                                                                                                                                                                              20            *         1 Jul 2009
 Tankers:
  Oil and chemical