Tax Laws Amendment (2007 Measures No. 3) Act 2007 (79 of 2007)
Schedule 8 Forestry managed investment schemes
Part 2 Other amendments
Income Tax Assessment Act 1997
13 Section 10-5 (after table item headed "forestry agreement")
Insert:
|
forestry managed investment schemes |
|
|
forestry manager’s receipts under scheme |
15-46 |
|
CGT event in relation to forestry interest in scheme for initial participant |
394-25(2) |
|
CGT event in relation to forestry interest in scheme for subsequent participant |
394-30(2) |