Document ID: chunk:federal_register_of_legislation:C2024A00052:clause:3_33
Version: federal_register_of_legislation:C2024A00052
Segment Type: clause
Provision Reference: sch 3 cl 33
Character Range: 28528–29208

33  Section 426‑170 in Schedule 1
Repeal the section, substitute:

426‑170  Limitation on ancillary and community charity trust funds making certain transfers
 (1) 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) for the first‑mentioned fund.
 (2) A *community charity trust must not provide money, property or benefits to:
 (a) another community charity trust; or
 (b) an *ancillary fund; or
 (c) a *community charity corporation;
unless permitted to do so by the *community charity trust guidelines.