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
24 Subsection 995-1(1) (definition of participant )
Repeal the definition, substitute:
participant:
(a) participant , in relation to a *GST joint venture, has the meaning given by section 195-1 of the *GST Act; and
(a) participant in a *forestry managed investment scheme has the meaning given by subsection 394-15(4).
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