Commonwealth Numbered Acts

INCOME TAX ASSESSMENT ACT 1997 No. 38 of 1997 - SECT 43.25

(1) For capital works begun after 26 February 1992, there is a basic
entitlement to a rate of 2.5% for parts used as described in Table 43- 140
(Current year use). The rate increases to 4% for parts used as described in
Table 43-145 (Use in the 4% manner).

(2) For capital works begun before 27 February 1992 and used as described in
Table 43-140, the rate is:

   (a)  4% if the capital works were begun after 21 August 1984 and before 16
        September 1987; or

   (b)  2.5% in any other case. Note: Section 43-80 explains when capital
        works begin.