Commonwealth of Australia Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 40.53

             (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.