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The ATO has started a review of the assets used in the rigid and semi-rigid polymer product manufacturing industry as a business defined within ANZSIC code 19120, with a view to making new effective life determinations.

The ATO expects the review to take some time to complete, with new effective life determinations to be made progressively from 1 July 2015. Draft effective lives will be issued for public comment well before final decisions are made.

For further information and details about how to participate in the review, go here

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