Tax Laws Amendment (2011 Measures No. 7) Act 2011 (147 of 2011)

Schedule 8   Ancillary funds

Part 1   Public ancillary funds

Division 1   Main amendment

Taxation Administration Act 1953

28   Subsection 426-130(5) in Schedule 1

Omit "paragraph 426-105(1)(b), agreed to comply with the rules in the *private ancillary fund guidelines,", substitute "paragraph 426-102(1)(b) or 426-105(1)(b), agreed to comply with the rules in the *public ancillary fund guidelines or the *private ancillary fund guidelines (whichever are applicable)".