Section 3061 – Property, Plant and Equipment

November 01, 2015

PROPERTY, PLANT AND EQUIPMENT

• Identifiable tangible assets that meet all of the following criteria:
  • Are held for use in the production or supply of goods and services, for rental to others, for administrative purposes or for the development, construction, maintenance or repair of other property, plant and equipment;
  • Have been acquired, constructed or developed with the intention of being used on a continuing basis; and
  • Are not intended for sale in the ordinary course of business.
This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our privacy statement for more information on the cookies we use and how to delete or block them.