Commonwealth Consolidated Acts Commonwealth Consolidated Acts(1) A water facility is:
(a) * plant or a structural improvement, or a repair of a capital nature, or an alteration, addition or extension, to plant or a structural improvement, that is primarily and principally for the purpose of conserving or conveying water; or
(b) a structural improvement, or a repair of a capital nature, or an alteration, addition or extension, to a structural improvement, that is reasonably incidental to conserving or conveying water.
Example: Examples of a water facility include a dam, tank, tank stand, bore, well, irrigation channel, pipe, pump, water tower and windmill. Examples of things reasonably incidental to conserving or conveying water include a culvert, a fence to prevent live stock entering an irrigation channel and a bridge over an irrigation channel.
(2) A horticultural plant is a live plant or fungus that is cultivated or propagated for any of its products or parts.
(3) A fodder storage asset is an asset or a structural improvement, or a repair of a capital nature, or an alteration, addition or extension, to an asset or a structural improvement, that is primarily and principally for the purpose of storing fodder.
(4) A fencing asset is:
(a) an asset or a structural improvement that is a fence; or
(b) a repair of a capital nature, or an alteration, addition or extension, to a fence.