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  • Forestry managed investment scheme interests




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    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:

    • 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.
    Last modified: 09 Mar 2010QC 27956