Remake of the Private Ancillary Fund Guidelines submission 2019

Our submission to Treasury in response to the draft Taxation Administration (Private Ancillary Fund) Guidelines 2019, which remake the Private Ancillary Fund Guidelines 2009 that expired on 1 October 2019.

Our submission included general comments in relation to the regulatory framework for private ancillary funds (PAFs), as well as suggestion for minor drafting changes and clarifications to enhance the effectiveness of the Guidelines.