Option 1: capital commission and income commission
One‑off capital commission (1) The trustee company may charge a capital commission (GST inclusive) at a rate not exceeding 5.5% of the gross value of the charitable trust’s assets. (2) The capital commission must be charged only once during the period while the trustee company is trustee or manager of the charitable trust. (3) The regulations may make provision relating to the capital commission, including (but not limited to): (a) the calculation of the commission or of the gross value of the charitable trust’s assets; and (b) when, during the period referred to in subsection (2), the commission may be charged. Annual income commission (4) The trustee company may charge an annual income commission (GST inclusive) at a rate not exceeding 6.6% of the income received on account of the charitable trust’s assets. (5) The regulations may make provision relating to the income commission, including (but not limited to): (a) the calculation of the commission or of the income received on the charitable trust’s assets; and (b) when, during a year, the commission may be charged; and (c) apportionment of the amount of the commission for part‑years.
Sourced from the Federal Register of Legislation at 17 May 2026. For the latest information on Australian Government law please go to https://www.legislation.gov.au. Verify the current text against the official source before relying on it.
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