Document ID: chunk:federal_register_of_legislation:C2004A00844:clause:2_1
Version: federal_register_of_legislation:C2004A00844
Segment Type: clause
Provision Reference: sch 2 cl 1
Character Range: 160826–161614

1  At the end of section 42‑100
Add:

 (3) Your choice of an *effective life specified by the Commissioner for *plant is limited to one in force as at:
 (a) the time when you entered into a contract to acquire the plant, you otherwise acquired it or you started to construct it if you first used it, or had it *installed ready for use, for any purpose within 5 years of that time; or
 (b) for plant that you entered into a contract to acquire, you otherwise acquired or you started to construct before 11.45 am, by legal time in the Australian Capital Territory, on 21 September 1999—the time when you entered into the contract to acquire it, otherwise acquired it or started to construct it; or
 (c) otherwise—when you first used it, or had it installed ready for use, for any purpose.