This chapter explains your CGT obligations if:
- you are a subsequent participant in a forestry managed investment scheme (FMIS), and
- you sold or otherwise disposed of your forestry interests in an FMIS in the 2008-09 income year.
Subsequent participant You are a subsequent participant if you are not an initial participant. In most cases, this means that you bought your forestry interest from an initial participant. You are an initial participant if:
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