Document ID: chunk:federal_register_of_legislation:C2025C00185:section:601tde
Version: federal_register_of_legislation:C2025C00185
Segment Type: section
Provision Reference: s 601TDE
Character Range: 2372385–2373136

601TDE  Additional amount if trust money is in a common fund
 (1) If any of the charitable trust's assets are included in a common fund operated by the trustee company, the trustee company may charge an annual common fund administration fee (GST inclusive) not exceeding 1.1% of the gross value of the charitable trust's assets in the fund.
 (2) The regulations may make provision relating to the common fund administration fee, including (but not limited to):
 (a) the calculation of the common fund administration fee or of the gross value of the charitable trust's assets in the fund; and
 (b) when, during a year, the common fund administration fee may be charged; and
 (c) the apportionment of the common fund administration fee for part‑years.