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Forestry managed investment scheme interests

Last updated 3 July 2013

This section 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 2012–13 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.

QC28207