Enables carnitine O-acetyltransferase activity. Involved in fatty acid metabolic process. Predicted to be located in mitochondrion. Predicted to be active in peroxisome. Human ortholog(s) of this gene implicated in neurodegeneration with brain iron accumulation. Orthologous to human CRAT (carnitine O-acetyltransferase). [provided by Alliance of Genome Resources, Apr 2022]