Document ID: chunk:federal_register_of_legislation:C2025C00029:section:14
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 14
Character Range: 905650–907389

14                                                        *Telecommunications site access right                                 The term of the right

 (8) The effective life of an intangible *depreciating asset that is not mentioned in the table in subsection (7) and is not an *IRU or a *mining, quarrying or prospecting right cannot be longer than the term of the asset as extended by any reasonably assured extension or renewal of that term.
 (9) The effective life of an *IRU is the *effective life of the telecommunications cable over which the IRU is granted.

Exceptions: mining, quarrying or prospecting rights and mining, quarrying or prospecting information
 (10) Subject to subsection (12), the effective life of:
 (a) a *mining, quarrying or prospecting right; or
 (b) *mining, quarrying or prospecting information;
is the period you work out yourself by estimating the period (in years, including fractions of years) set out in column 2 of this table:

Effective life of certain mining, quarrying or prospecting rights and mining, quarrying or prospecting information
Item                                                                                                                Column 1                                                                                                                                                                                     Column 2
                                                                                                                    For this asset:                                                                                                                                                                              Estimate the period until the end of: