Senate debates
Monday, 1 December 2008
Tax Laws Amendment (2008 Measures No. 5) Bill 2008
In Committee
9:26 pm
Stephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source
I am just seeking some more information but, while I am getting that, subsection (2) sets out the conditions:
- (a)
- at the end of the income year, the trees occupy a continuous land area in Australia of 0.2 hectares or more;
- (b)
- at the time the trees are established, it is more likely than not that they will:
- (i)
- attain a crown cover of 20% or more; and
- (ii)
- reach a height of at least 2 metres;
- (c)
- on 1 January 1990, the area occupied by the trees was clear of other trees that:
- (i)
- attained, or were more likely than not to attain, a crown cover of 20% or more; and
- (ii)
- reached, or were more likely than not to reach, a height of at least 2 metres;
- (d)
- the establishment of the trees meets the requirements of the guidelines mentioned in subsection (3).
I will see if there is some more information I can gather for you.
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