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  • Private ancillary funds – trustee guidance

    Private Ancillary Funds include funds formerly called prescribed private funds (PPFs).

    If a trustee relies on this guidance and it is found to be incorrect or misleading, and they make a mistake as a result, the trustee or director will have to meet their obligations under the law but will be protected against penalties.

    It is essential for you to read the private ancillary fund guidelines in addition to the information in this page.

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      Last modified: 28 Sep 2017QC 24109