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 - Public and private ancillary funds  

Suspension and removal of trustees

SECTION 426-135   TERMS AND CONDITIONS OF APPOINTMENT OF ACTING TRUSTEE  

426-135(1)  
The Commissioner may determine the terms and conditions of the appointment of the acting trustee, including fees. The determination has effect despite anything in:


(a) any *Australian law other than this section; or


(b) the *ancillary fund ' s governing rules.

426-135(2)  


Without limiting subsection (1), the Commissioner may make a determination under that subsection to the effect that the acting trustee ' s fees are to be paid out of the corpus of the *ancillary fund.



This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.