Commonwealth Consolidated Acts Commonwealth Consolidated Acts(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.