Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 5 - Administration  

PART 5-35 - REGISTRATION AND SIMILAR PROCESSES FOR VARIOUS TAXES  

Division 426 - Process of endorsing charities and other entities  

Subdivision 426-D - Ancillary and community charity trust funds  

Limitation on certain transfers

SECTION 426-170   LIMITATION ON ANCILLARY AND COMMUNITY CHARITY TRUST FUNDS MAKING CERTAIN TRANSFERS  

426-170(1)    
An * ancillary fund must not provide money, property or benefits to another ancillary fund unless permitted to do so by the * public ancillary fund guidelines or the * private ancillary fund guidelines (whichever are applicable) for the first-mentioned fund.

426-170(2)    
A * community charity trust must not provide money, property or benefits to:

(a)    another community charity trust; or

(b)    an * ancillary fund; or

(c)    a * community charity corporation;

unless permitted to do so by the * community charity trust guidelines.





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