Federal Register of Legislation - Australian Government

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Determinations/Taxation as amended, taking into account amendments up to Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2006 (No. 3)
Administered by: Treasury
Registered 17 Feb 2009
Start Date 01 Jul 2006
End Date 31 Dec 2008
Date of repeal 01 Jul 2015
Repealed by Income Tax (Effective Life of Depreciating Assets) Determination 2015

Income Tax (Effective Life of Depreciating Assets) Determination 2001

as amended

made under subsection 40‑100 (1) of the

Income Tax Assessment Act 1997

This compilation was prepared on 10 February 2009
taking into account amendments up to Income Tax (Effective Life of Depreciating Assets) Amendment Determination 2006 (No. 3)

This document has been split into two volumes
Volume 1 contains Sections 1 to 3 and Table A (Industry Categories),
Volume 2 contains Table B (Asset Categories) and the Notes

Prepared by the Office of Legislative Drafting and Publishing,
Attorney-General’s Department,
Canberra


  

  

1              Name of Determination [see Note 1]

                This Determination is the Income Tax (Effective Life of Depreciating Assets) Determination 2001.

2              Commencement

                This Determination is taken to have commenced on 1 July 2001.

3              Effective life of depreciating assets

         (1)   For subsection 40‑100 (1) of the Income Tax Assessment Act 1997, the effective life of depreciating assets is specified in Tables A and B.

         (2)   If the entity deducting an amount for a depreciating asset is using the asset in an industry specified in Table A, Tables A and B are to be used as follows:

                (a)    if the asset corresponds exactly to a description in Table A for the industry in which the asset is used, its effective life is the life specified for that asset;

               (b)    if the asset:

                          (i)    does not correspond exactly to a description in Table A for the industry in which the asset is used; but

                         (ii)    satisfies the general description of asset used in the functional process of that industry —

                        its effective life is the life specified in Table A for that class of asset;

                (c)    if:

                          (i)    paragraphs (a) and (b) do not apply to the asset; and

                         (ii)    the asset corresponds to a description in Table B —

                        its effective life is the life specified with that description.

Note   Table A is intended to describe assets:

·      that are peculiar to a particular industry; or

·      for which a particular effective life is appropriate because of the way in which a particular industry uses the asset.

The industry headings in Table A have, where possible, been drawn from the classification subject categories in the Australian and New Zealand Standard Industrial Classification (ANZSIC) Codes.

         (3)   If:

                (a)    the entity deducting an amount for a depreciating asset is not using the asset in an industry specified in Table A; and

               (b)    the asset corresponds to a description in Table B —

the effective life of the asset is the life specified with that description.

Note   If Tables A and B are not used, or cannot be used because:

·      the asset is not used in an industry specified in Table A; and

·      Table B has no description that corresponds to the asset —

the way to work out the effective life of the asset is explained in section 40‑105 of the Income Tax Assessment Act 1997.


Effective lives (Industry Categories)       

Table A as at 1 July 2001    

 

 

AGRICULTURE, FORESTRY AND FISHING

(01110 to 05290)

 

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Environmental control structures (including glasshouses, hothouses, germination rooms, plastic clad tunnels and igloos)

20

*

1 Jul 2006

Protective structures (including shade houses and netting constructions)

20

*

1 Jul 2006

 

Agriculture

(01110 to 01990)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Agricultural implements and plant (general including station plant)

10

 

1 Jan 2001

Bacon bins (demountable pig confinement units):

 

 

 

      Galvanised iron components of structure

    331/3

 

1 Jan 2001

      Plant installed in structure

20

 

1 Jan 2001

Banana ripening plant

    131/3

 

1 Jan 2001

Bee farming plant:

 

 

 

      Beehives

    131/3

 

1 Jan 2001

      Processing plant

20

 

1 Jan 2001

Bridges (wooden)

20

 

1 Jan 2001

Cotton sheds (humidification)

20

 

1 Jan 2001

Curing barns (tobacco, timber, peanut, corn or grain)

    131/3

 

1 Jan 2001

Dairy farm plant (power):

20

 

1 Jan 2001

Fences:

 

 

 

      General (including wire and wire netting used in construction of fencing)

    331/3

 

1 Jan 2001

      Electric

20

 

1 Jan 2001

Fruit-growers’ plant:

 

 

 

      Dips, pans, spray pumps, etc

10

 

1 Jan 2001

      Fumigation tents and machinery

10

 

1 Jan 2001

      Racks (dried fruit)

20

 

1 Jan 2001

      Tecto applicator (citrus anti-fungal plant)

  5

 

1 Jan 2001

Harvester/Sweeper

     62/3

 

1 Jan 2001

Headers, self propelled (combine harvesters)

     62/3

 

1 Jan 2001

Hop growers’ plant:

 

 

 

      Hop picking machines

    131/3

 

1 Jan 2001

      Kilns

20

 

1 Jan 2001

Horse stalls (Breeze way Shed Row)

    331/3

 

1 Jan 2001

Horticultural plants:

 

 

 

      Citrus:

 

 

 

             Grapefruit

30

*

1 Jan 2001

             Lemon

20

*

1 Jan 2001

             Limes

20

*

1 Jan 2001

             Mandarin

25

*

1 Jan 2001

             Orange

30

*

1 Jan 2001

      Grapevines, dried

15

*

1 Oct 2004

      Grapevines, table

15

*

1 Oct 2004

      Grapevines, wine

20

*

1 Oct 2004

      Nuts:

 

 

 

             Almond

25

*

1 Jul 2001

             Cashew

25

*

1 Jul 2001

             Chestnut

25

*

1 Jul 2001

             Hazelnut

25

*

1 Jul 2001

             Jojoba

30

*

1 Jul 2001

             Macadamia

25

*

1 Jul 2001

             Pecan

25

*

1 Jul 2001

             Pistachio

25

*

1 Jul 2001

             Walnut

25

*

1 Jul 2001

      Pome:

 

 

 

             Apple

20

*

1 Jan 2001

             Pear

25

*

1 Jan 2001

      Stone Fruit:

 

 

 

             Apricots

10

*

1 Jan 2001

             Cherries

18

*

1 Jan 2001

             Nectarine

10

*

1 Jan 2001

             Olives

30

*

1 Jan 2001

             Peach

10

*

1 Jan 2001

             Plum

15

*

1 Jan 2001

             Prune

20

*

1 Jan 2001

      Tropical:

 

 

 

             Avocado

20

*

1 Jan 2001

             Mango

30

*

1 Jan 2001

Irrigation plant and equipment:

 

 

 

      Metal piping

    131/3

 

1 Jan 2001

      Other piping (including concrete channels but not earth channels)

20

 

1 Jan 2001

      Other plant

20

 

1 Jan 2001

Levee banks and revetments

40

 

1 Jan 2001

Motor cycles (used for mustering, maintenance of fences, etc)

  3

 

1 Jan 2001

Mushroom growers’ plant:

 

 

 

Air conditioning plant

     62/3

 

1 Jan 2001

      Buildings:

 

 

 

             Peak heat, spawn running and growing rooms

10

 

1 Jan 2001

             Other:

 

 

 

                   Timber or steel frame

    331/3

 

1 Jan 2001

                   Brick, stone or concrete walls

50

 

1 Jan 2001

      Compost preparation plant

     62/3

 

1 Jan 2001

      General plant (including spraying, watering and pumping equipment)

     62/3

 

1 Jan 2001

      Growing trays

     62/3

 

1 Jan 2001

Pea-viners, pea cleaners, vine and straw conveyors

10

 

1 Jan 2001

Peanut blanching plant:

 

 

 

      Air piping

20

 

1 Jan 2001

      Blanchers

10

 

1 Jan 2001

      Colour sorter  (electronic)

10

 

1 Jan 2001

      Control panel

20

 

1 Jan 2001

      Cooling equipment (including control panel)

   131/3

 

1 Jan 2001

      Elevators

10

 

1 Jan 2001

      Exhaust fans

20

 

1 Jan 2001

      Fumigation equipment

10

 

1 Jan 2001

      Pal boxes

  3

 

1 Jan 2001

      Plant water services

50

 

1 Jan 2001

      Roaster and dryer

10

 

1 Jan 2001

      Scales

20

 

1 Jan 2001

      Storage surge bins

20

 

1 Jan 2001

      Tipping unit

20

 

1 Jan 2001

      Transformers

40

 

1 Jan 2001

      Vibrating conveyors

10

 

1 Jan 2001

Poultry farmers’ plant (incubators)

20

 

1 Jan 2001

Silos:

 

 

 

      Ancillary equipment

20

 

1 Jan 2001

      Grain (metal)

30

*

1 Jul 2001

Stockyards, pens, lairages

20

 

1 Jan 2001

Stud stock and thoroughbred horses

10

 

1 Jan 2001

Trellis

20

 

1 Jan 2001

Vegetable processing equipment

    131/3

 

1 Jan 2001

Water tower (brick)

100

 

1 Jan 2001

 

Nursery and floriculture production

(01110 to 01150)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Chemical spraying assets:

 

 

 

     Generally (including broad acre trailed or                             linkage boom and utility)

10

*

1 Jul 2006

Environmental control assets:

 

 

 

      Boilers (including piping)

20

*

1 Jul 2006

      Control systems

10

*

1 Jul 2006

      Evaporative coolers

10

*

1 Jul 2006

      Heating assets

10

*

1 Jul 2006

      Instruments (including sensors)

10

*

1 Jul 2006

      Retractable screens

8

*

1 Jul 2006

      Ventilation fans

5

*

1 Jul 2006

Fertigation system assets (incorporating control       systems, pumps and tanks)

10

*

1 Jul 2006

General assets:

 

 

 

      Bins and pallets

5

*

1 Jul 2006

      Fertiliser spreaders

10

*

1 Jul 2006

      Fumigation assets

5

*

1 Jul 2006

      Pasteurisation assets:

 

 

 

             Pasteurisation rooms

20

*

1 Jul 2006

             Steam boilers

15

*

1 Jul 2006

      Racks

15

*

1 Jul 2006

      Ride on mowers

5

*

1 Jul 2006

      Refrigeration assets:

 

 

 

             Insulation panels used in cool rooms

40

*

1 Jul 2006

             Refrigeration generally

10

*

1 Jul 2006

      Trailers

15

*

1 Jul 2006

      Trolleys

15

*

1 Jul 2006

      Weed mats

5

*

1 Jul 2006

Harvesting assets:

 

 

 

      Bed lifters and diggers

10

*

1 Jul 2006

      Tree spades

15

*

1 Jul 2006

Packaging assets:

 

 

 

      Deleafers

15

*

1 Jul 2006

      Bunching and bundling machines

15

*

1 Jul 2006

      Grading machines

15

*

1 Jul 2006

Planting assets:

 

 

 

      Benches and tables

10

*

1 Jul 2006

      Conveyors

15

*

1 Jul 2006

      Dibblers and seeders

15

*

1 Jul 2006

      Hoppers

15

*

1 Jul 2006

      Pot, punnet and tray dispensers

12

*

1 Jul 2006

      Potting machines (including pot and bag                      fillers)

10

*

1 Jul 2006

      Soil elevators

10

*

1 Jul 2006

      Soil mixers

10

*

1 Jul 2006

      Transplanters (plugs and seedlings)

8

*

1 Jul 2006

      Tray and punnet fillers

10

*

1 Jul 2006

      Tray washers

15

*

1 Jul 2006

      Vermiculite dispensers and coverers

15

*

1 Jul 2006

Propagation assets:

 

 

 

      Heated propagators

10

*

1 Jul 2006

      Seedling and punnet trays, reusable

3

*

1 Jul 2006

Turf growing assets:

 

 

 

      Chemical spraying assets:

 

 

 

          Generally (including broad acre trailed or                      linkage boom and utility)

10

*

1 Jul 2006

      Fertiliser spreaders

10

*

1 Jul 2006

      Field top makers

10

*

1 Jul 2006

      Land planes

25

*

1 Jul 2006

      Line planters

10

*

1 Jul 2006

      Mowers (including reel and rotary mowers)

10

*

1 Jul 2006

      Net layers

10

*

1 Jul 2006

      Power harrows

10

*

1 Jul 2006

      Roll layers

10

*

1 Jul 2006

      Soil aerators

10

*

1 Jul 2006

      Trailers

15

*

1 Jul 2006

      Turf harvesters (including pedestrian and tractor       mounted harvesters)

10

*

1 Jul 2006

      Turf rollers

15

*

1 Jul 2006

      Turf seeders

15

*

1 Jul 2006

      Turf vacuums

10

*

1 Jul 2006

 

Sheep, beef cattle and grain farming and other crop growing

(01410 to 01590)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Grain, cotton, peanut and rice assets:

 

 

 

      Chemical spraying assets:

 

 

 

          Generally (including broad acre trailed or                      linkage boom and utility)

10

*

1 Jul 2006

          Self-propelled

8

*

1 Jul 2006

      General assets:

 

 

 

            Aeration assets:

 

 

 

                   Controllers

10

*

1 Jul 2006

                   Kits

15

*

1 Jul 2006

            Dryers

20

*

1 Jul 2006

            Moisture meters

5

*

1 Jul 2006

             Mulchers

10

*

1 Jul 2006

             Peanut pre-cleaners

10

*

1 Jul 2006

             Slashers

7

*

1 Jul 2006

      Harvesting assets:

 

 

 

             Boll buggies

15

*

1 Jul 2006

             Chaser bins

15

*

1 Jul 2006

             Field bins

20

*

1 Jul 2006

             Fuel trailers

15

*

1 Jul 2006

             Module builders

15

*

1 Jul 2006

             Module tarpaulins

5

*

1 Jul 2006

             Peanut diggers (including peanut pullers)

10

*

1 Jul 2006

      Precision farming assets (including GPS,       controllers, lightbars, variable rate technology       assets) (excluding hydraulic automated steering)

5

*

1 Jul 2006

      Seeding and fertilizing assets:

 

 

 

             Fertilizer spreaders (including linkage and                    trailed)

10

*

1 Jul 2006

             Planters (including bar, box, combined seeders,         precision planters and row crop planters)

15

*

1 Jul 2006

             Seed and fertilizer bins

15

*

1 Jul 2006

      Tillage assets:

 

 

 

            Generally

15

*

1 Jul 2006

             Harrows

5

*

1 Jul 2006

             Laser controlled scraping assets:

 

 

 

                   Transmitters

7

*

1 Jul 2006

                   Buckets

10

*

1 Jul 2006

             Rippers

10

*

1 Jul 2006

Sheep farming assets:

 

 

 

Crutching machines, portable type

10

*

1 Jul 2006

Dipping and spraying assets for parasite control:

 

 

 

      Jet spray system assets (including the race or       handler dedicated to the jet spray system)

10

*

1 Jul 2006

      Mobile plunge dips

5

*

1 Jul 2006

Feeders (including grain feeders, oat feeders, hay feeders)

15

*

1 Jul 2006

Footbaths

10

*

1 Jul 2006

Instruments for measuring wool fibre fineness, laser type

10

*

1 Jul 2006

Instruments for measuring backfat or eye muscle or detecting pregnancy, ultrasound type (incorporating probe and monitor)

5

*

1 Jul 2006

Sheep handling assets (including autodrafter, conveyor, cradle, crate, crutching trailer, elevator, ewe lifter, handler, hydraulic lift, rollover unit, shearing table, weigh crate, winch used to lift sheep)

15

*

1 Jul 2006

Weigh bars, weigh indicators and weigh platforms

10

*

1 Jul 2006

Yards, races, leadup systems and loading ramps:

 

 

 

      Permanent type

40

*

1 Jul 2006

      Portable type

25

*

1 Jul 2006

Woolshed assets:

 

 

 

      Grinding machine for sharpening cutters

30

*

1 Jul 2006

      Shearing machines

30

*

1 Jul 2006

      Shearing or crutching handpieces

10

*

1 Jul 2006

      Wool bale movers

10

*

1 Jul 2006

      Woolpresses

20

*

1 Jul 2006

      Woolsheds and shearing sheds

50

*

1 Jul 2006

      Wool tables, steel type

20

*

1 Jul 2006

 

Forestry and logging

(03010 to 03020)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Logging plant:

 

 

 

      Cable system (including winches and high leads)

  8

*

1 Jan 2001

      Forwarders

  8

*

1 Jan 2001

      Harvesters and feller bunchers (includes heads)

  7

*

1 Jan 2001

      Log trailers

10

*

1 Jan 2001

      Saws:

 

 

 

             Mobile

  8

*

1 Jan 2001

             Portable chain

  2

*

1 Jan 2001

      Snigging plant (including cable and grapple       skidders, wheel loaders with log grabs, bulldozers,       excavators, arches and winches)

  7

*

1 Jan 2001

 

Aquaculture and fishing

(02011 to 02039 and 04111 to 04199)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Fish farming ponds (earth and clay)

20

 

1 Jan 2001

Fishing plant:

 

 

 

      Boats

    131/3

 

1 Jan 2001

      Fish holding baskets

10

 

1 Jan 2001

      Purse seine fishing net

  5

 

1 Jan 2001

Pearling and oyster fishing plant:

 

 

 

      Luggers (oyster fishing)

    131/3

 

1 Jan 2001

      Pearling boats

20

 

1 Jan 2001

      Pumps

    131/3

 

1 Jan 2001

Prawn farming ponds and plant

20

 

1 Jan 2001

 

 

MINING

(06000 to 10900)

 

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Crushing and milling assets:

 

 

 

      Crushers:

 

 

 

             Cone and gyratory

25

*

1 Jul 2003

             Feeder breaker

20

*

1 Jul 2003

             Generally

25

*

1 Jul 2003

             Impact and rotary

20

*

1 Jul 2003

             Jaw

25

*

1 Jul 2003

             Roller (including roll sizers)

20

*

1 Jul 2003

      Grinding mills:

 

 

 

             Ball and rod

25

*

1 Jul 2003

             Generally

25

*

1 Jul 2003

             Hammer

15

*

1 Jul 2003

             SAG (autogenous)

25

*

1 Jul 2003

Hydrometallurgy and Pyrometallurgy assets:

 

 

 

      Adsorption process assets

20

*

1 Jul 2003

      Agglomeration (pelletizing) assets

25

*

1 Jul 2003

      Calcination process assets (including kilns)

25

*

1 Jul 2003

      Casting process assets for casting billets or ingots

30

*

1 Jul 2003

      Converting process assets (including rotatable cylindrical furnaces)

30

*

1 Jul 2003

      Cooling process assets (including cooling towers)

25

*

1 Jul 2003

      Counter current decantation (CCD) process assets

20

*

1 Jul 2003

      Drying process assets (including rotary dryers, spray dryers and indirect heat exchanger dryers)

25

*

1 Jul 2003

      Electrolysis process assets (including electrowinning process and electro refining process assets including tanks)

20

*

1 Jul 2003

      Filtration process assets

15

*

1 Jul 2003

      Gas cleaning process assets (including electrostatic precipitators and baghouses)

20

*

1 Jul 2003

      Gas recovery process assets (including stripping and absorption assets)

25

*

1 Jul 2003

      Ion exchange process assets

15

*

1 Jul 2003

      Leaching process assets:

 

 

 

             Atmospheric

15

*

1 Jul 2003

             Generally

25

*

1 Jul 2003

             Pressure

25

*

1 Jul 2003

      Neutralisation process assets

20

*

1 Jul 2003

      Pots and ladles used for molten materials

30

*

1 Jul 2003

      Precipitation process assets (including tanks and agitators)

20

*

1 Jul 2003

      Pressure vessels

30

*

1 Jul 2003

      Roasting process assets (including kilns and furnaces)

30

*

1 Jul 2003

      Sintering process assets (including continuous sintering machines)

30

*

1 Jul 2003

      Smelting process assets (including furnaces)

25

*

1 Jul 2003

      Solution treatment and metal recovery assets

20

*

1 Jul 2003

      Solvent extraction process assets (including mixer-settler units)

20

*

1 Jul 2003

      Tailings stills

20

*

1 Jul 2003

Infrastructure support assets:

 

 

 

      Compressors

15

*

1 Jul 2003

      Control systems and communication systems assets:

 

 

 

             Generally

10

*

1 Jul 2003

             Instruments

10

*

1 Jul 2003

             Towers or other supporting structures

30

*

1 Jul 2003

      Electrical infrastructure assets (including power
reticulation, substations, switchgear and transformers)

25

*

1 Jul 2003

      Mineral treatment structure

40

*

1 Jul 2003

      Pipes and pipelines (including valves and fittings):

 

 

 

             Generally

25

*

1 Jul 2003

             Slurry pipework within processing facility       (including slurry pipe to thickener)

10

*

1 Jan 2006

      Pumps:

 

*

1 Jul 2003

             Generally

20

*

1 Jul 2003

             Positive displacement pumps

15

*

1 Jul 2003

Materials handling assets:

 

 

 

      Belt magnets, samplers, metal detectors and analysers

15

*

1 Jul 2003

      Bins, chutes, hoppers, bunkers and silos

30

*

1 Jul 2003

      Bucket elevators

25

*

1 Jul 2003

      Conveyors

25

*

1 Jul 2003

      Feeders:

 

 

 

             Generally (including apron and belt)

20

*

1 Jul 2003

             Vibrating

15

*

1 Jul 2003

      Fuel storage tanks

30

*

1 Jul 2003

      Gas storage tanks and spheres

25

*

1 Jul 2003

      Grizzly bars and scalpers;

25

*

1 Jul 2003

      Overhead crane/gantry

30

*

1 Jul 2003

      Stack (chimney)

30

*

1 Jul 2003

      Stockpile assets:

 

 

 

             Reclaim tunnel flow valves and activators

25

*

1 Jul 2003

             Stackers, reclaimers and stacker/reclaimers

25

*

1 Jul 2003

             Train loaders

30

*

1 Jul 2003

             Tripper/stacker and stacking conveyor systems

25

*

1 Jul 2003

             Tunnel vent and exhaust fans

15

*

1 Jul 2003

      Water recycling facility

20

*

1 Jul 2003

      Water storage tanks

30

*

1 Jul 2003

      Weighing machines (including weighers for feeders and conveyors)

20

*

1 Jul 2004

Mineral dressing assets:

 

 

 

      Classification, gravity separation and dewatering assets:

 

 

 

             Centrifuges

15

*

1 Jul 2003

             Cyclones:

 

 

 

                   Dense medium and heavy medium

  8

*

1 Jul 2003

                   Generally (including classifying, desliming, and hydrocyclones)

15

*

1 Jul 2003

             Generally

18

*

1 Jul 2003

             Hydraulic classifiers and teetered bed separators

20

*

1 Jul 2003

             Jigs

25

*

1 Jul 2003

             Pneumatic tables and air separators

25

*

1 Jul 2003

             Settling cones

25

*

1 Jul 2003

             Shaking tables

25

*

1 Jul 2003

             Sluices and cone concentrators

25

*

1 Jul 2003

             Spirals

12

*

1 Jul 2003

      Electrostatic separation assets

20

*

1 Jul 2003

      Filtration assets (including pressure filtration and vacuum filtration equipment)

15

*

1 Jul 2003

      Flotation assets (including tanks, launders, agitators, air supply and reagent dosing equipment)

20

*

1 Jul 2003

      Magnetic separation assets (including cross belt, drum and disc types)

20

*

1 Jul 2003

      Screening assets

15

*

1 Jul 2003

      Thickening assets

25

*

1 Jul 2003

Port assets – see Table A Water transport and Water transport services (48100 to48200) and (52110 to 52190)

 

*

1 Jul 2002

Railway infrastructure assets and rolling-stock – see Table A Rail transport (47100)

 

*

1 Jan 2002

Surface mobile mining machines:

 

 

 

      Bucket wheel excavators

30

*

1 Jul 2002

      Compressors

20

*

1 Jul 2002

      Cranes

20

*

1 Jul 2002

      Dozers

  9

*

1 Jul 2002

      Draglines

30

*

1 Jul 2002

      Drill rigs (Production)

10

*

1 Jul 2002

      Electric rope shovels

25

*

1 Jul 2002

      Generators

10

*

1 Jul 2002

      Graders

10

*

1 Jul 2002

      Hydraulic excavators (including hydraulic front       shovels)

10

*

1 Jul 2002

      Lighting system

10

*

1 Jul 2002

      Off highway trucks (including articulated, rigid      dump, service, fuel and water trucks)

10

*

1 Jul 2002

      Rollers

15

*

1 Jul 2002

      Scrapers

  7

*

1 Jul 2002

      Skid steer loader

  7

*

1 Jul 2002

      Tool carrier

10

*

1 Jul 2002

      Wheel loader

  8

*

1 Jul 2002

Tailings dams

20

 

1 Jan 2001

Underground mobile mining machines:

 

 

 

      Compressors

10

*

1 Jul 2002

      Continuous haulage system

10

*

1 Jul 2002

      Continuous miner

10

*

1 Jul 2002

      Drill rigs:

 

 

 

             Diamond

20

*

1 Jul 2002

             Production

  7

*

1 Jul 2002

      Feeder breaker

15

*

1 Jul 2002

      Grader

10

*

1 Jul 2002

      Jumbo

10

*

1 Jul 2002

      Load-haul-dump machine

  6

*

1 Jul 2002

      Long-wall equipment:

 

 

 

             Armoured face conveyor

  6

*

1 Jul 2002

             Beam stage loader

  7

*

1 Jul 2002

             Hydraulic pump module

15

*

1 Jul 2002

             Hydraulic roof support

10

*

1 Jul 2002

             Impact crusher

10

*

1 Jul 2002

             Mobile conveyor tail end

  5

*

1 Jul 2002

             Roof support relocation vehicle

10

*

1 Jul 2002

             Shearer

  7

*

1 Jul 2002

             Shearer carrier

10

*

1 Jul 2002

      Maintenance vehicle

  8

*

1 Jul 2002

      Personnel transporter

  8

*

1 Jul 2002

      Raise borers and down reamers

20

*

1 Jul 2002

      Roof bolters

  8

*

1 Jul 2002

      Scissor lift

  6

*

1 Jul 2002

      Shuttle car

12

*

1 Jul 2002

      Skid steer loader

12

*

1 Jul 2002

      Underground haulage trucks

  6

*

1 Jul 2002

      Wheel loader

  6

*

1 Jul 2002

Workshop plant

20

 

1 Jan 2001

 

Coal mining

(06000)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Coal preparation assets:

 

 

 

      Centrifuges

15

*

1 Jul 2003

      Crushing assets (including feeder breakers, impact, roller and rotary crushers)

20

*

1 Jul 2003

      Cyclones:

 

 

 

             Dense medium, heavy medium

  6

*

1 Jul 2003

             Generally (including classifying, desliming and hydrocyclones)

10

*

1 Jul 2003

      Filtration assets (including belt, drum and vacuum filters)

15

*

1 Jul 2003

      Flotation assets (including agitation air supply systems, launders, reagent dosing systems and tanks)

20

*

1 Jul 2003

      Grizzly bars and scalpers

25

*

1 Jul 2003

      Jigs and heavy medium baths

25

*

1 Jul 2003

      Magnetic separators

20

*

1 Jul 2003

      Spirals

12

*

1 Jul 2003

      Thickening assets

25

*

1 Jul 2003

Infrastructure support assets:

 

 

 

      Analysers, belt magnets, grinding mills, metal detectors and samplers

15

*

1 Jul 2003

      Coal preparation facility framework/structure

40

*

1 Jul 2003

      Compressors

15

*

1 Jul 2003

      Control systems and communication systems assets:

 

 

 

             Generally

10

*

1 Jul 2003

             Instruments

10

*

1 Jul 2003

             Towers or other supporting structures

30

*

1 Jul 2003

      Electrical infrastructure assets (including reticulation assets, substations, switch gear and transformers)

25

*

1 Jul 2003

      Fuel storage tanks

30

*

1 Jul 2003

      Gas storage tanks

25

*

1 Jul 2003

      Overhead crane/gantry

30

*

1 Jul 2003

      Pipes and pipelines (including valves and fittings):

 

 

 

             Generally

25

*

1 Jul 2003

             Slurry pipework within processing facility                       (including slurry pipe to thickener)

10

*

1 Jan 2006

      Pumps:

 

 

 

             Generally (including centrifugal pumps)

20

*

1 Jul 2003

             Positive displacement pumps

15

*

1 Jul 2003

      Train loaders

30

*

1 Jul 2003

      Tunnel vent or exhaust fans

15

*

1 Jul 2003

      Valves and other non pipe fittings

10

*

1 Jul 2003

      Water recycling facility

20

*

1 Jul 2003

      Water storage dams (including fire services dams and water storage dams generally)

30

*

1 Jul 2003

      Water storage tanks

30

*

1 Jul 2003

Materials handling assets:

 

 

 

      Bins, chutes, hoppers, silos and storage bunkers

30

*

1 Jul 2003

      Bucket elevators

25

*

1 Jul 2003

      Conveyors

25

*

1 Jul 2003

      Feeders:

 

 

 

             Generally (including apron and belt feeders)

20

*

1 Jul 2003

             Vibrating feeders

15

*

1 Jul 2003

      Stockpile spraying system

20

*

1 Jul 2003

      Stockpile stackers, reclaimers and stacker reclaimers:

 

 

 

             Generally (including all machinery)

25

*

1 Jul 2003

             Reclaim tunnels

25

*

1 Jul 2003

             Tripper/stacker

25

*

1 Jul 2003

 

Oil and gas extraction

(07000)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Assets used to manufacture condensate, crude oil, domestic gas, liquid natural gas (LNG) or liquid petroleum gas (LPG) but not if the manufacture occurs in an oil refinery:

 

 

 

      Control systems

10

*

1 Jul 2002

      Domestic gas processing assets (including       centrifugal compressor, column, gas turbine,       heat exchanger, piping and turbo expander)

30

* #

1 Jul 2002

      Electricity generation assets – see Table A
      Electricity supply (26110 to 26400)

 

 

 

      Flare tower for gas flare

25

* #

1 Jul 2002

      Fractionation train assets (including air cooler,       column, compressor, heat exchanger, piping and       pumps)

30

* #

1 Jul 2002

      Hot water system assets

    171/2

* #

1 Jul 2002

      Instruments

    121/2

*

1 Jul 2002

      LNG holding facility assets (including boil off       gas compressor, cryogenic storage tank, loading       arm, pumps and tank)

30

* #

1 Jul 2002

      LNG train assets (including centrifugal       compressor, column, cryogenic heat exchanger,       gas turbine driver and other heat exchangers)

30

* #

1 Jul 2002

      Stabiliser process assets (including column, heat       exchanger, pumps and reciprocating compressor)

30

* #

1 Jul 2002

      Storage and loading assets (including cryogenic       storage tank, jetty, loading arm, LPG chiller and       pumps)

30

* #

1 Jul 2002

      Trunkline onshore terminal (TOT) assets:

 

 

 

             Flash tanks

20

* #

1 Jul 2002

             Slugcatcher and associated piping

30

* #

1 Jul 2002

             Valves including control valves 

   121/2

*

1 Jul 2002

Gas production assets:

 

 

 

      Central production facility assets:

 

 

 

             Boiler 

10

*

1 Jul 2002

             Cabling for power and control system

30

   * #

1 Jul 2002

             Diesel system 

15

*

1 Jul 2002

             Drains system 

20

   * #

1 Jul 2002

             Drill rig 

10

*

1 Jul 2002

             Flare system assets:

 

 

 

                   Carbon steel piping

15

*

1 Jul 2002

                   Flare tip 

  5

*

1 Jul 2002

                   Stainless steel piping

30

   * #

1 Jul 2002

             Fuel gas system

30

   * #

1 Jul 2002

             Gas compression and reinjection assets:

 

 

 

                   Gas compressor used offshore

10

*

1 Jul 2002

                   Gas turbine driver used
                   offshore

    121/2

*

1 Jul 2002

                   Power turbine used offshore

    121/2

*

1 Jul 2002

                   Generally (including piping, skid, vessels
                   and assets used onshore)

30

   * #

1 Jul 2002

             Heat exchanger

30

   * #

1 Jul 2002

             Major carbon steel vessels

    121/2

*

1 Jul 2002

             Major stainless steel (or lined) vessels

30

   * #

1 Jul 2002

             Offshore platform:

 

 

 

                   Generally (including accommodation                             module, flare structure, helideck, jacket,                        primary steel work and topsides secondary                          steel work)

30

   * #

1 Jul 2002

                   Topsides tertiary steelwork (including
                   handrails, ladders and stairs)

15

*

1 Jul 2002

             Piping

30

   * #

1 Jul 2002

             Pump:

 

 

 

                   Circulation pump

   121/2

*

1 Jul 2002

                   Generally

20

   * #

1 Jul 2002

                   Seawater lift pump 

15

*

1 Jul 2002

             Shutdown and fire/gas system

15

*

1 Jul 2002

             Tempered water system assets:

 

 

 

                   Chemical treatment assets 

    121/2

*

1 Jul 2002

                   Piping and vessels 

30

   * #

1 Jul 2002

             Utility air compressors 

15

*

1 Jul 2002

      Control systems

10

*

1 Jul 2002

      Electricity generation assets – see Table A Electricity supply (26110 to 26400)

 

*

1 Jul 2002

      Floating production storage and offloading (FPSO) vessel (incorporating mooring system)

20

   * #

1 Jul 2002

      Floating storage and offloading (FSO) vessel (incorporating mooring system)

20

   * #

1 Jul 2002

      Infield pipeline

30

   * #

1 Jul 2002

      Instruments (including level, pressure and temperature indicators)

    121/2

*

1 Jul 2002

      Offshore bulk loading transfer system

10

*

1 Jul 2002

      Subsea production assets (including control umbilical, flowline and manifold)

20

   * #

1 Jul 2002

      Trunkline

30

   * #

1 Jul 2002

      Valve

    121/2

*

1 Jul 2002

      Well and downhole equipment

15

*

1 Jul 2002

      Wellhead and christmas tree

30

   * #

1 Jul 2002

Oil exploration plant and equipment:

 

 

 

      Oil rigs (off-shore drilling) and ancillary equipment

10

 

1 Jan 2001

      Oil search equipment (used for geophysical surveys in remote areas):

 

 

 

             Drilling plant and down-hole equipment

  5

 

1 Jan 2001

             General plant and equipment

10

 

1 Jan 2001

             Mobile units and vehicles (other than passenger cars)

5

 

1 Jan 2001

             Other survey equipment

10

 

1 Jan 2001

             Portable sleeping and messing huts

5

 

1 Jan 2001

             Seismic survey equipment

5

 

1 Jan 2001

      Vessel (supply)

    131/3

 

1 Jan 2001

Oil production assets:

 

 

 

      Central production facility assets (excluding FPSOs):

 

 

 

             Boiler

10

*

1 Jul 2002

             Circulation pump

    121/2

*

1 Jul 2002

             Drill rig

10

*

1 Jul 2002

             Flare tip

5

*

1 Jul 2002

             Gas compression and reinjection assets:

 

 

 

                   Gas compressor used offshore

10

*

1 Jul 2002

                   Gas turbine driver used offshore

    121/2

*

1 Jul 2002

                   Power turbine used offshore

    121/2

*

1 Jul 2002

                   Generally (including piping, skid, vessels and assets used onshore)

15

*

1 Jul 2002

             Generally (including offshore platform)

15

*

1 Jul 2002

             Major carbon steel vessels

    121/2

*

1 Jul 2002

             Pump:

 

 

 

                   Circulation pump

    121/2

*

1 Jul 2002

                   Other

15

*

1 Jul 2002

             Tempered water system assets:

 

 

 

                   Chemical treatment assets 

    121/2

*

1 Jul 2002

                   Piping and vessels 

15

*

1 Jul 2002

      Control systems

10

*

1 Jul 2002

      Electricity generation assets – see Table A
      Electricity supply (36100)

 

*

1 Jul 2002

      Floating production storage and offloading (FPSO)
      vessel (incorporating mooring system)

20

   * #

1 Jul 2002

      Floating storage and offloading (FSO) vessel
      (incorporating mooring system)

20

   * #

1 Jul 2002

      Infield pipeline

15

*

1 Jul 2002

      Instruments (including level, pressure and
      temperature indicators)

    121/2

*

1 Jul 2002

      Offshore bulk loading transfer system

10

*

1 Jul 2002

      Subsea production assets (including control
      umbilical, flowline and manifold)

15

*

1 Jul 2002

      Trunkline

30

   * #

1 Jul 2002

      Valve

    121/2

*

1 Jul 2002

      Well and downhole equipment

10

*

1 Jul 2002

      Wellhead and christmas tree

15

*

1 Jul 2002

Port Assets – see Table A Water transport and Water transport services (48100 to 48200) and (52110 to 52190)

 

*

1 Jul 2002

 

Iron ore mining

(08010)

ASSET

LIFE (YEARS)

REVIEWED

DATE OF APPLICATION

Infrastructure support assets:

 

 

 

Blowers, high pressure

15

*

1 Jan 2006

Dust suppression/control equipment

15

*

1 Jan 2006

Materials handling assets:

 

 

 

Feeders:

 

 

 

Vibrating

10

*

1 Jan 2006

Mineral dressing assets:

 

 

 

Cyclones, dense/heavy medium (unlined nihard)

  1

*

1 Jan 2006

Dense medium separation assets (including baths and drums)

20

*

1 Jan 2006

Magnetic separation assets:

 

 

 

LIMS (low intensity magnetic separators)

20

*

1 Jan 2006