Income Tax Assessment Act 1997

Landcare operation for land means:

erecting a fence to separate different land classes on the land in accordance with an *approved management plan for the land; or

erecting a fence on the land primarily and principally for the purpose of excluding animals from an area affected by land degradation:

to prevent or limit extension or worsening of land degradation in the area; and

to help reclaim the area; or

constructing a levee or a similar improvement on the land; or

constructing drainage works on the land primarily and principally for the purpose of controlling salinity or assisting in drainage control; or

an operation primarily and principally for the purpose of:

eradicating or exterminating from the land animals that are pests; or

eradicating, exterminating or destroying plant growth detrimental to the land; or

preventing or fighting land degradation (except by erecting fences on the land); or

a repair of a capital nature, or an alteration, addition or extension, to an asset described in paragraph (a), (b), (c) or (d) or an extension of an operation described in paragraph (e); or

constructing a structural improvement, or a repair of a capital nature, or an alteration, addition or extension, to a structural improvement, that is reasonably incidental to an asset described in paragraph (c) or (d).

A depreciating asset and a repair of a capital nature or an alteration, addition or extension to that asset are not the same asset for the purposes of section 40‑50 and this Subdivision: see section 40‑53.

Paragraph (1)(d) does not apply to an operation draining swamp or low‑lying land.