Document ID: chunk:federal_register_of_legislation:C2024A00110:clause:10_6
Version: federal_register_of_legislation:C2024A00110
Segment Type: clause
Provision Reference: sch 10 cl 6
Character Range: 213774–215024

6                                item 33 of table 1 in section 6                        (a) the designated service is a disposal; and
                                                                                        (b) the disposal occurs on a prescribed financial market (within the meaning of the Corporations Act 2001); and
                                                                                        (c) the agent gives the proceeds of the disposal directly to an ancillary fund (within the meaning of the Income Tax Assessment Act 1997) that provides an undertaking to:
                                                                                        (i) distribute, by cheque or electronic funds transfer, the proceeds of the disposal of the security to a deductible gift recipient; and
                                                                                        (ii) list on its public website within 14 business days, for a period of 12 months, the details of the distribution of the proceeds of the disposal of the security to the deductible gift recipient; and
                                                                                        (d) the value of the security does not exceed $10,000