Commonwealth Numbered Acts

INCOME TAX ASSESSMENT ACT 1997 No. 38 of 1997 - SECT 330.95

(1) Expenditure on or in relation to the following is not allowable capital
expenditure:

   (a)  *plant;

   (b)  railway lines, roads, pipelines or other facilities, for use wholly or
        partly for transporting *minerals or *quarry materials, or their
        products, other than facilities used for transport wholly within the
        site of *eligible mining or quarrying operations you carry on;

   (c)  works carried out in connection with, or buildings or other
        improvements constructed or acquired for use in connection with,
        establishing, operating or using a port facility or other facility for
        ships;

   (d)  an office building that is not at or adjacent to the site of

*eligible mining or quarrying operations you carry on.

Housing and welfare in quarrying

(2) Expenditure on *housing and welfare incurred in carrying on

*eligible quarrying operations is not allowable capital expenditure.

Interpretation

(3) There is no implication that the expenditure referred to in subsections
(1) and (2) would otherwise have been allowable capital expenditure as defined
by section 330- 85.