ato logo
Search Suggestion:

Forestry managed investment scheme interests

Last updated 9 September 2010

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 2009-10 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:

  • you obtained your forestry interest from the forestry manager of the scheme, and
  • your payment to obtain the forestry interest is used to establish trees.


End of attention