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TD 2002/5 explains what is considered to be a 'distribution line' in the electricity distribution industry for the purposes of the expression 'depreciating assets' in section 40-100 of the Income Tax assessment Act 1997 .

It is replaced by Draft Taxation Ruling TR 2017/D1 Income tax: composite items and identifying the depreciating asset for the purposes of working out capital allowances which issued today.

The arrangements dealt with in TD 2002/5 are now covered by TR 2017/D1.

It continues to apply to arrangements begun to be carried out before the withdrawal but does not apply to arrangements begun to be carried out after the withdrawal.