Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 108.80

    In deciding whether capital improvements are related to each other, the factors to be considered include:

  (a)   the nature of the * CGT asset to which the improvements are made; and

  (b)   the nature, location, size, value, quality, composition and utility of each improvement; and

  (c)   whether an improvement depends in a physical, economic, commercial or practical sense on another improvement; and

  (d)   whether the improvements are part of an overall project; and

  (e)   whether the improvements are of the same kind; and

  (f)   whether the improvements are made within a reasonable period of time of each other.