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A trust is a legal structure that holds and uses funds, property or other assets for its beneficiaries. Trusts are managed by trustees.

Only trusts supporting a charitable purpose that meet legal meaning of charity and our requirements for registration can register as charities with the ACNC.

There are many different types of trusts. Ancillary funds are a specific type of trust regulated by the Australian Taxation Office (ATO).

See our guidance on private and public ancillary funds.