Tax Laws Amendment (2009 Measures No. 1) Act 2009 (27 of 2009)

Schedule 3   Reforms to income tests

Part 1   Key concepts

Income Tax Assessment Act 1997

6   Subsection 995-1(1)

Insert:

financial investment includes the following:

(a) a *share in a company;

(b) an interest in a managed investment scheme (within the meaning of the Corporations Act 2001);

(c) a *forestry interest in a *forestry managed investment scheme;

(d) a right or option in respect of an investment referred to in paragraph (a), (b) or (c);

(e) an investment of a like nature to any of those referred to in paragraphs (a) to (d).