Section 601TDI — Corporations Act 2001 (Cth)

(1) If any of the charitable trust’s assets are included in a common fund operated by the trustee company, the trustee company may charge an annual common fund administration fee (GST inclusive) not exceeding 1.1% of the gross value of the charitable trust’s assets in the fund.

(2) The regulations may make provision relating to the common fund administration fee, including (but not limited to):

(a) the calculation of the common fund administration fee or of the gross value of the charitable trust’s assets in the fund; and

(b) when, during a year, the common fund administration fee may be charged; and

(c) the apportionment of the common fund administration fee for part‑years.

Related sections

• s 601TDF — Additional amount for preparation of returns etc.
• s 601TDG — Subdivision applies to existing client charitable trusts
• s 601TDH — Trustee company not to charge more than was being charged before section commenced
• s 601TDJ — Additional amount for preparation of returns etc.
• s 601TEA — Power of the Court with respect to excessive fees
• s 601TEB — Directors’ fees

Research how courts apply s 601TDI

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