Commonwealth Consolidated Acts

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INCOME TAX ASSESSMENT ACT 1997 - SECT 43.72

Meaning of forestry road , timber operation and timber mill building

  (1)   A forestry road is a road constructed primarily and principally for the purpose of providing access to an area to enable:

  (a)   trees to be planted or tended in the area; or

  (b)   timber felled in the area to be removed.

For this purpose, a road includes any bridge, culvert or similar work forming part of the road.

  (2)   A timber operation is:

  (a)   planting or tending trees for felling; or

  (b)   felling standing timber; or

  (c)   removing felled timber; or

  (d)   milling felled timber or processing it in another way.

  (3)   A timber mill building is a building:

  (a)   for use primarily and principally:

  (i)   in carrying on your * business of milling timber for a * taxable purpose; or

  (ii)   as residential accommodation for your employees engaged in connection with the business, or for their dependants; and

  (b)   located in a forest, and in or adjacent to the area where timber milled in the business is, or is to be, felled.


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