Document ID: chunk:federal_register_of_legislation:C2011C00610:clause:4_14:p6
Version: federal_register_of_legislation:C2011C00610
Segment Type: clause
Provision Reference: sch 4 cl 14 (pt 6/6)
Character Range: 200635–201287

2AA (Financial claims scheme for account‑holders with insolvent ADIs) of Part II of the Banking Act 1959; and
 (d) at the end of the income year, you have either or both of the following:
 (i) an unmet entitlement under that Division connected with the account for the farm management deposit;
 (ii) an unmet claim against the ADI, or an unpaid debt owed to you by the ADI, in the winding up of the ADI connected with the account for the deposit.

Note: Subsection 393‑10(4) makes the repayment of a farm management deposit assessable in the income year when the death, bankruptcy etc. occurs, rather than in any later year in which it might be repaid.