Document ID: chunk:federal_register_of_legislation:C2004C00958:clause:4_7
Version: federal_register_of_legislation:C2004C00958
Segment Type: clause
Provision Reference: sch 4 cl 7
Character Range: 908842–909528

7  Section 40‑30 (table item dealing with "industrial property")
Repeal the item, substitute:

Industrial property (relating to a copyright in an Australian film)  Capital expenditure on acquiring a unit of industrial property to produce assessable income     Any entity  Effective life (2 years to 25 years)                            Balancing adjustment required  Division 10B of Part III

Intellectual property                                                Capital expenditure on acquiring an item of intellectual property to produce assessable income  Any entity  Effective life (up to 25 years, depending on the kind of item)  Balancing adjustment required  Division 373