29 Jan 1414 Draft effective lives published
The ATO has published a draft list of effective lives for assets used
- in the railway rolling stock manufacturing and repair industry
- at materials recovery facilities
- in the scientific medical and pharmaceutical research industry
The drafts are open for public comment until 28 February 2014.
When finalised, the ATO proposes to add the assets to the schedule that will apply to new assets purchased or installed on or after 1 July 2014.