Document ID: chunk:federal_register_of_legislation:C2007A00079:clause:8_26
Version: federal_register_of_legislation:C2007A00079
Segment Type: clause
Provision Reference: sch 8 cl 26
Character Range: 72454–73085

26  Application

(1) The amendments made by this Schedule apply to amounts paid by a participant under a forestry managed investment scheme on or after 1 July 2007.

(2) Despite subitem (1), the amendments do not apply if any other amounts were paid by the participant or any other participant under the scheme before 1 July 2007.

(3) Despite subitem (1), sections 394‑25 and 394‑30 of the Income Tax Assessment Act 1997 apply to CGT events that happen on or after 1 July 2007.

(4) Despite subitem (1), sections 82KZMGA and 82KZMGB of the Income Tax Assessment Act 1936 apply to CGT events that happen on or after 1 July 2007.