Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 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.