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
35 At the end of Subdivision 426-D in Schedule 1
Add:
Transfers between ancillary funds
426-170 Ancillary funds must not provide funds to other ancillary funds
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).
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