• All public ancillary funds

    F Has the fund’s auditor confirmed compliance by the fund and the trustee with the public AF guidelines?

    Each financial year the trustee must arrange for an auditor to audit compliance with the guidelines by the fund and the trustee. The audit must be finalised before the date the fund is required to lodge the return.

    A public ancillary fund with revenue and assets of less than $1 million in a particular financial year may have its financial statements reviewed rather than audited, unless the Commissioner advises otherwise. The reviewer must meet the requirements provided in public AF guideline 28.1.1.

    Find out more

    For more information, refer to public AF guidelines 28, 29 and 47.

    End of find out more

    G Did the fund wind up or cease to be a public AF?

    If the public AF was wound up or ceased to be a public AF during the financial year, it must include the audit report when it lodges the ancillary fund return 2013.

    H Was the public invited to contribute to the fund?

    The public must be invited to contribute to the fund.

    I Did the public, or a significant part of it, contribute to the fund?

    Indicate if the public or a significant part did contribute to the fund.

    Last modified: 25 Jun 2015QC 46033