Document ID: chunk:federal_register_of_legislation:F2019L00523:clause:1_2
Version: federal_register_of_legislation:F2019L00523
Segment Type: clause
Provision Reference: sch 1 cl 2
Character Range: 3317–5173

2  After paragraph 8(8)(c)
Insert:
 (ca) an amount that:
 (i) is received by a person because of forced disposal of livestock by the person; and
 (ii) is deposited as a farm management deposit owned by the person;
 (cb) an amount for which all the following conditions are met:
 (i) the amount is received by a person because of forced disposal of livestock by the person;
 (ii) in the period of 42 days beginning on the day the person received the amount, the Secretary is informed that the person has received the amount (or a greater amount including the amount) and that the amount will be deposited as a farm management deposit owned by the person;
 (iii) that period has not ended;
 (cc) an amount that:
 (i) is received by a person; and
 (ii) is attributable to a forced disposal of livestock by an entity (within the meaning of the Income Tax Assessment Act 1997) in which the person holds a membership interest (within the meaning of that Act), either directly or through one or more interposed entities (within the meaning of that Act); and
 (iii) is deposited as a farm management deposit owned by the person;
 (cd) an amount for which all the following conditions are met:
 (i) the amount is received by a person;
 (ii) the amount is attributable to a forced disposal of livestock by an entity (within the meaning of the Income Tax Assessment Act 1997) in which the person holds a membership interest (within the meaning of that Act), either directly or through one or more interposed entities (within the meaning of that Act);
 (iii) in the period of 42 days beginning on the day the person received the amount, the Secretary is informed that the person has received the amount (or a greater amount including the amount) and that the amount will be deposited as a farm management deposit owned by the person;
 (iv) that period has not ended;