Commonwealth Numbered Acts

INCOME TAX ASSESSMENT ACT 1997 No. 38 of 1997 - SECT 43.95

(1) A hotel building is:

   (a)  a building begun after 21 August 1979 and before 18 July 1985, or
        after 26 February 1992 and before 1 July 1997, that, at the time of
        completion of its construction, was intended to be used in the way
        referred to in Column 3 of Table 43-90 (intended use at completion)
        for a hotel building; or

   (b)  a building begun after 30 June 1997 and that, in the income year, is
        used in the way referred to in Column 3 (time period 2) of Table
        43-145 (use in the 4% manner) for a hotel building.

(2) An apartment building is:

   (a)  a building begun after 21 August 1979 and before 18 July 1985, or
        after 26 February 1992 and before 1 July 1997, that, at the time of
        completion of its construction, was intended to be used in the way
        referred to in Column 3 of Table 43-90 for an apartment building; or

   (b)  a building begun after 30 June 1997 and that, in the income year, is
        used in the way referred to in Column 3 (time period 2) of Table
        43-145 for an apartment building.