Document ID: chunk:federal_register_of_legislation:C2010C00603:clause:6_1
Version: federal_register_of_legislation:C2010C00603
Segment Type: clause
Provision Reference: sch 6 cl 1
Character Range: 134888–135599

1  After section 40‑50
Insert:

40‑53  Alterations etc. to certain depreciating assets

 (1) These things are not the same *depreciating asset for the purposes of section 40‑50 and Subdivision 40‑F:
 (a) a depreciating asset; and
 (b) a repair of a capital nature, or an alteration, addition or extension, to that asset that would, if it were a separate depreciating asset, be a *water facility.

 (2) These things are not the same *depreciating asset for the purposes of section 40‑50 and Subdivision 40‑G:
 (a) a depreciating asset; and
 (b) a repair of a capital nature, or an alteration, addition or extension, to that asset that would, if it were a separate depreciating asset, be a *landcare operation.