Taxation Laws Amendment Act (No. 4) 2002 (53 of 2002)

Schedule 4   Effective life of depreciating assets

Part 2   Application of amendments

15   Application

 

(1) The amendments made by items 1 to 9, 13 and 14 apply to a depreciating asset if the start time for the asset occurs on or after 1 July 2002.

      

(2) The amendments made by items 10 to 12 apply to a privatised asset held on or after 1 July 2002.