(1) Transport capital expenditure is capital expenditure you incur, in carrying on a * business for a * taxable purpose, on:
(a) a * transport facility; or
(b) obtaining a right to construct or install a transport facility, or part of one, on land owned or leased by another entity or in an area referred to in subsection 960 - 505(2) (about offshore areas and installations); or
(c) paying compensation for any damage or loss caused by constructing or installing a transport facility or part of one; or
(d) earthworks, bridges, tunnels or cuttings that are necessary for a transport facility.
(2) Transport capital expenditure also includes capital expenditure you incur, in carrying on a * business for a * taxable purpose, by way of contribution to:
(a) someone else's capital expenditure on a * transport facility or on anything else covered by a paragraph of subsection (1); or
(b) an * exempt Australian government agency's capital expenditure on railway rolling - stock.
(3) Transport capital expenditure does not include expenditure on:
(a) road vehicles or ships; or
(b) railway rolling - stock; or
(c) a thing covered by the definition of housing and welfare ; or
(d) works for providing water, light or power, in connection with a port facility or other facility for ships;
and does not include expenditure by way of contribution to that expenditure (except expenditure by way of contribution to an * exempt Australian government agency's capital expenditure on railway rolling - stock).