Income Tax (Transitional Provisions) Act 1997

Table of sections

40‑10 Plant

40‑12 Plant acquired after 30 June 2001

40‑13 Accelerated depreciation for split or merged plant

40‑15 Recalculating effective life

40‑20 IRUs

40‑25 Software

40‑30 Spectrum licences

40‑33 Datacasting transmitter licences

40‑35 Mining unrecouped expenditure

40‑37 Post‑30 June 2001 mining expenditure

40‑38 Mining cash bidding payments

40‑40 Transport expenditure

40‑43 Post‑30 June 2001 transport expenditure

40‑44 No additional decline in certain cases

40‑45 Intellectual property

40‑47 IRUs

40‑50 Forestry roads and timber mill buildings

40‑55 Environmental impact assessment

40‑60 Pooling under Subdivision 42‑L of the former Act

40‑65 Substituted accounting periods

40‑67 Methods for working out decline in value

40‑70 References to amounts deducted and reductions in deductions

40‑72 New diminishing value method not to apply in some cases

40‑75 Mining expenditure incurred after 1 July 2001 on an asset

40‑77 Mining, quarrying or prospecting rights or information held before 1 July 2001

40‑80 Other expenditure incurred after 1 July 2001 on a depreciating asset

40‑100 Commissioner’s determination of effective life

40‑105 Calculations of effective life