Tax Laws Amendment (2009 Measures No. 4) Act 2009 (88 of 2009)
Schedule 2 Private ancillary funds
Part 3 Transitional provisions
Division 2 Declared prescribed private funds
26 Transitional - prescribed private fund declarations
(1) The Minister may, by legislative instrument, declare a trust to be a prescribed private fund.
(2) Despite subsection 12(2) of theLegislative Instruments Act 2003, the declaration has effect during the period:
(a) starting at the time specified in the declaration, which must be before the commencement time; and
(b) ending just before the commencement time.
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