Public Ancillary Funds
In late November, Treasury released a discussion paper, ‘Improving the Integrity of Public Ancillary Funds’. The paper proposed changes to public ancillary funds and the creation of a regulatory regime very similar to that introduced for PPFs (now Private Ancillary Funds).
Philanthropy Australia submitted a response to the Discussion Paper, now available for download from: http://www.philanthropy.org.au/pdfs/advocacy/PA_PuAF-Response-15Dec2010_FINAL.pdf.
You can download the Discussion Paper at http://www.treasury.gov.au/contentitem.asp?NavId=037&ContentID=1907