CTHIn ForceLegislation
Taxation Administration (Private Ancillary Fund) Guidelines 2019
26Winding up, or ceasing to be, a private ancillary fund
Start here
Get a plain-English read of 26
Turn the raw legal text into a practical explanation grounded in Taxation Administration (Private Ancillary Fund) Guidelines 2019.
26 Winding up, or ceasing to be, a private ancillary fund
If a fund is wound up, or ceases to be a *private ancillary fund, all of the fund’s net assets must be provided as described in paragraph (a) of item 2 of the table in section 30‑15 of the Income Tax Assessment Act 1997.
Note: see also subsection 9(3).