Taxation Administration Act 1953
Note: See section 3AA .
Chapter 5 - AdministrationSECTION 426-100 WHAT THIS SUBDIVISION IS ABOUT
This Subdivision deals with types of philanthropic trust funds known as public ancillary funds , private ancillary funds and community charity trusts .
The Minister must make guidelines determining when such trust funds are entitled to be endorsed as deductible gift recipients.
This Subdivision also provides for:
Public ancillary funds | |
426-102 | Public ancillary funds |
426-103 | Public ancillary fund guidelines |
426-104 | Australian Business Register must show public ancillary fund status |
Private ancillary funds | |
426-105 | Private ancillary funds |
426-110 | Private ancillary fund guidelines |
426-115 | Australian Business Register must show private ancillary fund status |
Community charity trusts | |
426-117 | Community charity trusts |
426-118 | Community charity trust guidelines |
426-119 | Australian Business Register must show community charity trust status |
Administrative penalties | |
426-120 | Administrative penalties for trustees of ancillary and community charity trust funds |
Suspension and removal of trustees | |
426-125 | Suspension or removal of trustees |
426-130 | Commissioner to appoint acting trustee in cases of suspension or removal |
426-135 | Terms and conditions of appointment of acting trustee |
426-140 | Termination of appointment of acting trustee |
426-145 | Resignation of acting trustee |
426-150 | Property vesting orders |
426-155 | Powers of acting trustee |
426-160 | Commissioner may give directions to acting trustee |
426-165 | Property vested in acting trustee - former trustees ' obligations relating to books, identification of property and transfer of property |
Limitation on certain transfers | |
426-170 | Limitation on ancillary and community charity trust funds making certain transfers |
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