Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 41.30

    The first use time for the amount is:

  (a)   if the amount is included in the first element of the asset's * cost--the time at which you start to use the asset, or have it * installed ready for use; or

  (b)   if the amount is included in the second element of the asset's cost--the later of:

  (i)   the time at which it becomes included in that element under paragraph   40 - 190(2)(a); or

  (ii)   the time mentioned in paragraph   (a).